North Carolina Stockholder proposal of J.C. Penney Co., Inc. regarding ensuring company does not do business with foreign suppliers who use forced, convict, or illegal child labor

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-CC-25-243
• Format: Word; Rich Text

Description

This sample form, a detailed Stockholder Proposal document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats. Title: North Carolina Stockholder Proposal concerning J.C. Penney Co., Inc.'s Commitment to Eliminating Forced, Convict, and Illegal Child Labor from its Supply Chain Keywords: North Carolina, Stockholder proposal, J.C. Penney Co., Inc., business with foreign suppliers, forced labor, convict labor, illegal child labor, supply chain. Description: The North Carolina Stockholder Proposal is a crucial initiative put forth by concerned shareholders of J.C. Penney Co., Inc., urging the company to take significant steps to prevent any association with foreign suppliers who engage in the use of forced labor, convict labor, or illegal child labor within their operations. The proposal aims to address the growing concerns regarding unethical labor practices prevailing in various regions worldwide. By actively ensuring that J.C. Penney Co., Inc. maintains a strict policy against partnering with suppliers involved in such practices, this proposition aims to protect human rights and establish a more socially responsible and sustainable supply chain. North Carolina Stockholder Proposal Types: 1. Comprehensive Supplier Screening Process: This proposal urges J.C. Penney Co., Inc. to develop and implement an extensive supplier screening process, specifically targeting any potential business connections with suppliers who exploit forced labor, convict labor, or illegal child labor. By conducting thorough due diligence, the company can identify and avoid any partnerships that violate labor regulations and ethical standards. 2. Supply Chain Transparency and Auditing Components: This particular proposal emphasizes the importance of supply chain transparency and implementing rigorous auditing mechanisms. By actively tracking and monitoring the entire supply chain, J.C. Penney Co., Inc. can ensure compliance with the international labor standards and confirm that its foreign suppliers do not engage in any activities involving forced labor, convict labor, or illegal child labor. 3. Corporate Social Responsibility Reporting: This proposal calls for the regular publication of detailed Corporate Social Responsibility (CSR) reports by J.C. Penney Co., Inc. These reports will serve as a means to keep shareholders and stakeholders informed about the company's efforts in eliminating forced labor, convict labor, and illegal child labor from its supply chain. Transparency will help gain trust and accountability while promoting ethical practices. 4. Collaboration with Industry Associations and NGOs: This proposal emphasizes the importance of collaborating with relevant industry associations and non-governmental organizations (NGOs) committed to eradicating forced labor, convict labor, and illegal child labor. By actively participating in industry-wide initiatives and leveraging collective efforts, J.C. Penney Co., Inc. can contribute towards comprehensive global solutions to this pervasive issue. Through these proposed measures, the North Carolina Stockholder Proposal seeks to raise awareness and reinforce J.C. Penney Co., Inc.'s commitment to social responsibility within its supply chain. Taking these steps will allow the company to uphold ethical standards, mitigate risk, maintain market competitiveness, and, most importantly, protect the rights and dignity of workers around the world.

Title: North Carolina Stockholder Proposal concerning J.C. Penney Co., Inc.'s Commitment to Eliminating Forced, Convict, and Illegal Child Labor from its Supply Chain Keywords: North Carolina, Stockholder proposal, J.C. Penney Co., Inc., business with foreign suppliers, forced labor, convict labor, illegal child labor, supply chain. Description: The North Carolina Stockholder Proposal is a crucial initiative put forth by concerned shareholders of J.C. Penney Co., Inc., urging the company to take significant steps to prevent any association with foreign suppliers who engage in the use of forced labor, convict labor, or illegal child labor within their operations. The proposal aims to address the growing concerns regarding unethical labor practices prevailing in various regions worldwide. By actively ensuring that J.C. Penney Co., Inc. maintains a strict policy against partnering with suppliers involved in such practices, this proposition aims to protect human rights and establish a more socially responsible and sustainable supply chain. North Carolina Stockholder Proposal Types: 1. Comprehensive Supplier Screening Process: This proposal urges J.C. Penney Co., Inc. to develop and implement an extensive supplier screening process, specifically targeting any potential business connections with suppliers who exploit forced labor, convict labor, or illegal child labor. By conducting thorough due diligence, the company can identify and avoid any partnerships that violate labor regulations and ethical standards. 2. Supply Chain Transparency and Auditing Components: This particular proposal emphasizes the importance of supply chain transparency and implementing rigorous auditing mechanisms. By actively tracking and monitoring the entire supply chain, J.C. Penney Co., Inc. can ensure compliance with the international labor standards and confirm that its foreign suppliers do not engage in any activities involving forced labor, convict labor, or illegal child labor. 3. Corporate Social Responsibility Reporting: This proposal calls for the regular publication of detailed Corporate Social Responsibility (CSR) reports by J.C. Penney Co., Inc. These reports will serve as a means to keep shareholders and stakeholders informed about the company's efforts in eliminating forced labor, convict labor, and illegal child labor from its supply chain. Transparency will help gain trust and accountability while promoting ethical practices. 4. Collaboration with Industry Associations and NGOs: This proposal emphasizes the importance of collaborating with relevant industry associations and non-governmental organizations (NGOs) committed to eradicating forced labor, convict labor, and illegal child labor. By actively participating in industry-wide initiatives and leveraging collective efforts, J.C. Penney Co., Inc. can contribute towards comprehensive global solutions to this pervasive issue. Through these proposed measures, the North Carolina Stockholder Proposal seeks to raise awareness and reinforce J.C. Penney Co., Inc.'s commitment to social responsibility within its supply chain. Taking these steps will allow the company to uphold ethical standards, mitigate risk, maintain market competitiveness, and, most importantly, protect the rights and dignity of workers around the world.