Allegheny Pennsylvania 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
• County: Allegheny
• 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. The Allegheny Pennsylvania Stockholder proposal of J.C. Penney Co., Inc. is an important initiative aimed at ensuring ethical business practices and protecting human rights within the company's supply chain. The proposal specifically addresses the issue of foreign suppliers engaging in forced, convict, or illegal child labor. With the increasing global presence of multinational corporations, it is crucial to establish rigorous standards to prevent any involvement with suppliers who exploit vulnerable workers, including forced labor, prison labor, or child labor. J.C. Penney's Allegheny Pennsylvania Stockholder proposal emphasizes the need for responsible sourcing and upholding ethical labor practices. By implementing this proposal, J.C. Penney Co., Inc. would commit itself to conducting thorough due diligence on all its foreign suppliers. This process would involve vetting suppliers to ensure compliance with international labor standards and local laws. The company would require transparency in supply chains, conducting regular audits and inspections to guarantee that forced, convict, or illegal child labor is not being utilized. Moreover, the proposal highlights the significance of supporting initiatives and organizations that work towards eradicating the prevalence of forced labor, convict labor, and illegal child labor worldwide. J.C. Penney Co., Inc. would actively seek partnerships with credible organizations, aiming to raise awareness and promote best practices throughout the industry. The named Allegheny Pennsylvania Stockholder proposal is the only specific proposal provided, but it is common for stockholders to have variations of this proposal, such as: 1. Allegheny Pennsylvania Stockholder proposal regarding corporate social responsibility: This proposal focuses on encouraging J.C. Penney Co., Inc. to adopt comprehensive corporate social responsibility policies that address various issues, including forced labor, convict labor, and illegal child labor. It aims to ensure that the company effectively manages and mitigates potential human rights risks throughout its global supply chain. 2. Allegheny Pennsylvania Stockholder proposal addressing transparency in supply chains: This proposal emphasizes the importance of transparency in J.C. Penney Co., Inc.'s supply chains, specifically regarding the potential use of forced, convict, or illegal child labor. It requests the company to disclose information about its suppliers, including their labor practices, to allow stakeholders to evaluate the company's commitment to ethical sourcing. 3. Allegheny Pennsylvania Stockholder proposal on responsible sourcing certifications: This proposal suggests that J.C. Penney Co., Inc. adopts and prioritizes suppliers with internationally recognized responsible sourcing certifications. It encourages the company to collaborate with organizations that provide such certifications and hold suppliers accountable for their labor practices, thereby reducing the risks associated with forced, convict, or illegal child labor.

The Allegheny Pennsylvania Stockholder proposal of J.C. Penney Co., Inc. is an important initiative aimed at ensuring ethical business practices and protecting human rights within the company's supply chain. The proposal specifically addresses the issue of foreign suppliers engaging in forced, convict, or illegal child labor. With the increasing global presence of multinational corporations, it is crucial to establish rigorous standards to prevent any involvement with suppliers who exploit vulnerable workers, including forced labor, prison labor, or child labor. J.C. Penney's Allegheny Pennsylvania Stockholder proposal emphasizes the need for responsible sourcing and upholding ethical labor practices. By implementing this proposal, J.C. Penney Co., Inc. would commit itself to conducting thorough due diligence on all its foreign suppliers. This process would involve vetting suppliers to ensure compliance with international labor standards and local laws. The company would require transparency in supply chains, conducting regular audits and inspections to guarantee that forced, convict, or illegal child labor is not being utilized. Moreover, the proposal highlights the significance of supporting initiatives and organizations that work towards eradicating the prevalence of forced labor, convict labor, and illegal child labor worldwide. J.C. Penney Co., Inc. would actively seek partnerships with credible organizations, aiming to raise awareness and promote best practices throughout the industry. The named Allegheny Pennsylvania Stockholder proposal is the only specific proposal provided, but it is common for stockholders to have variations of this proposal, such as: 1. Allegheny Pennsylvania Stockholder proposal regarding corporate social responsibility: This proposal focuses on encouraging J.C. Penney Co., Inc. to adopt comprehensive corporate social responsibility policies that address various issues, including forced labor, convict labor, and illegal child labor. It aims to ensure that the company effectively manages and mitigates potential human rights risks throughout its global supply chain. 2. Allegheny Pennsylvania Stockholder proposal addressing transparency in supply chains: This proposal emphasizes the importance of transparency in J.C. Penney Co., Inc.'s supply chains, specifically regarding the potential use of forced, convict, or illegal child labor. It requests the company to disclose information about its suppliers, including their labor practices, to allow stakeholders to evaluate the company's commitment to ethical sourcing. 3. Allegheny Pennsylvania Stockholder proposal on responsible sourcing certifications: This proposal suggests that J.C. Penney Co., Inc. adopts and prioritizes suppliers with internationally recognized responsible sourcing certifications. It encourages the company to collaborate with organizations that provide such certifications and hold suppliers accountable for their labor practices, thereby reducing the risks associated with forced, convict, or illegal child labor.