Oklahoma 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. Oklahoma Stockholder Proposal of J.C. Penney Co., Inc. Ensuring Ethical Supplier Practices The Oklahoma Stockholder Proposal of J.C. Penney Co., Inc. addresses the critical issue of the company's association with foreign suppliers who employ forced, convict, or illegal child labor. This proposal is centered around advocating for ethical and responsible business practices by urging J.C. Penney to implement strict guidelines and actively avoid collaborating with any suppliers involved in such practices. Keywords: Oklahoma stockholder proposal, J.C. Penney Co. Inc., foreign suppliers, forced labor, convict labor, illegal child labor, ethical business practices, supplier guidelines. This stockholder proposal focuses on safeguarding J.C. Penney's reputation and upholding the principles of social responsibility. By choosing to not associate with suppliers engaging in forced, convict, or illegal child labor, the company can demonstrate its commitment to creating a positive impact within the global supply chain. The proposed measures emphasize the adoption of robust policies that ensure diligent supplier monitoring, verification, and compliance. J.C. Penney would be required to establish stringent screening processes to assess the labor practices of potential foreign suppliers. These practices should align with internationally recognized labor standards and assist in identifying any involvement in unethical labor practices. Through this stockholder proposal, J.C. Penney's stakeholders are urging the company to: 1. Prohibit Connections with Forced Labor Suppliers: Implement comprehensive measures to confirm that all existing and potential suppliers adhere to guidelines and regulations prohibiting the use of forced labor. 2. Reject Suppliers Engaged in Convict Labor: Take a firm stance against suppliers who utilize convict labor, ensuring the company does not enable or indirectly support practices that exploit individuals who may not possess adequate labor protections. 3. Eliminate Business Ties with Suppliers Utilizing Illegal Child Labor: Strengthen the vetting process to guarantee that suppliers do not employ underage labor or exploit children. 4. Enhance Supplier Monitoring and Verification: Establish a systematic and transparent process to continuously evaluate labor practices of suppliers. This can involve on-site inspections, regular audits, and proper documentation to ensure compliance with global labor standards. By integrating these proposed measures, J.C. Penney can demonstrate its commitment to conducting business with ethical foreign suppliers, contributing to a fair and sustainable global economy. It is important to note that the names of different types of Oklahoma Stockholder proposals of J.C. Penney Co., Inc. specifically addressing the issue of avoiding business relationships with suppliers involved in forced, convict, or illegal child labor may vary based on the specific proposals put forth by Oklahoma stockholders and investors.

Oklahoma Stockholder Proposal of J.C. Penney Co., Inc. Ensuring Ethical Supplier Practices The Oklahoma Stockholder Proposal of J.C. Penney Co., Inc. addresses the critical issue of the company's association with foreign suppliers who employ forced, convict, or illegal child labor. This proposal is centered around advocating for ethical and responsible business practices by urging J.C. Penney to implement strict guidelines and actively avoid collaborating with any suppliers involved in such practices. Keywords: Oklahoma stockholder proposal, J.C. Penney Co. Inc., foreign suppliers, forced labor, convict labor, illegal child labor, ethical business practices, supplier guidelines. This stockholder proposal focuses on safeguarding J.C. Penney's reputation and upholding the principles of social responsibility. By choosing to not associate with suppliers engaging in forced, convict, or illegal child labor, the company can demonstrate its commitment to creating a positive impact within the global supply chain. The proposed measures emphasize the adoption of robust policies that ensure diligent supplier monitoring, verification, and compliance. J.C. Penney would be required to establish stringent screening processes to assess the labor practices of potential foreign suppliers. These practices should align with internationally recognized labor standards and assist in identifying any involvement in unethical labor practices. Through this stockholder proposal, J.C. Penney's stakeholders are urging the company to: 1. Prohibit Connections with Forced Labor Suppliers: Implement comprehensive measures to confirm that all existing and potential suppliers adhere to guidelines and regulations prohibiting the use of forced labor. 2. Reject Suppliers Engaged in Convict Labor: Take a firm stance against suppliers who utilize convict labor, ensuring the company does not enable or indirectly support practices that exploit individuals who may not possess adequate labor protections. 3. Eliminate Business Ties with Suppliers Utilizing Illegal Child Labor: Strengthen the vetting process to guarantee that suppliers do not employ underage labor or exploit children. 4. Enhance Supplier Monitoring and Verification: Establish a systematic and transparent process to continuously evaluate labor practices of suppliers. This can involve on-site inspections, regular audits, and proper documentation to ensure compliance with global labor standards. By integrating these proposed measures, J.C. Penney can demonstrate its commitment to conducting business with ethical foreign suppliers, contributing to a fair and sustainable global economy. It is important to note that the names of different types of Oklahoma Stockholder proposals of J.C. Penney Co., Inc. specifically addressing the issue of avoiding business relationships with suppliers involved in forced, convict, or illegal child labor may vary based on the specific proposals put forth by Oklahoma stockholders and investors.