Oakland Michigan 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: Oakland
• 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. Oakland Michigan Stockholder Proposal of J.C. Penney Co., Inc.: The Oakland Michigan Stockholder Proposal of J.C. Penney Co., Inc. aims to address the issue of forced, convict, or illegal child labor within the company's supply chain. The proposal focuses on ensuring that J.C. Penney does not engage in business with foreign suppliers who employ these unethical labor practices. The proposal emphasizes the importance of responsible sourcing and ethical business practices. By implementing this proposal, J.C. Penney aims to minimize its involvement with suppliers that exploit vulnerable individuals, including forced labor, convict labor, and illegal child labor. Such practices are not only morally wrong but also violate international labor standards. To ensure compliance, the Oakland Michigan Stockholder Proposal requires J.C. Penney to evaluate and closely monitor potential and existing suppliers. This includes conducting thorough background checks and audits to identify any signs of forced labor, convict labor, or illegal child labor within their operations. Suppliers failing to meet the company's strict ethical standards would face termination or would not be considered for future business partnerships. By adopting this proposal, J.C. Penney aims to foster a responsible and socially conscious business environment. Investing in ethical sourcing practices not only protects vulnerable workers but also strengthens the company's reputation and builds trust with customers who prioritize ethical consumption. Alternate versions of the Oakland Michigan Stockholder Proposal may include variations in the scope or specific measures suggested. For example, there might be proposals that focus solely on forced labor, while others encompass convict labor and illegal child labor as well. The exact names and details of these variations depend on the individual stockholders who submit them for consideration. However, the overall goal remains the same: ensuring J.C. Penney upholds strict standards in its supply chain to avoid association with suppliers engaged in exploitative labor practices.

Oakland Michigan Stockholder Proposal of J.C. Penney Co., Inc.: The Oakland Michigan Stockholder Proposal of J.C. Penney Co., Inc. aims to address the issue of forced, convict, or illegal child labor within the company's supply chain. The proposal focuses on ensuring that J.C. Penney does not engage in business with foreign suppliers who employ these unethical labor practices. The proposal emphasizes the importance of responsible sourcing and ethical business practices. By implementing this proposal, J.C. Penney aims to minimize its involvement with suppliers that exploit vulnerable individuals, including forced labor, convict labor, and illegal child labor. Such practices are not only morally wrong but also violate international labor standards. To ensure compliance, the Oakland Michigan Stockholder Proposal requires J.C. Penney to evaluate and closely monitor potential and existing suppliers. This includes conducting thorough background checks and audits to identify any signs of forced labor, convict labor, or illegal child labor within their operations. Suppliers failing to meet the company's strict ethical standards would face termination or would not be considered for future business partnerships. By adopting this proposal, J.C. Penney aims to foster a responsible and socially conscious business environment. Investing in ethical sourcing practices not only protects vulnerable workers but also strengthens the company's reputation and builds trust with customers who prioritize ethical consumption. Alternate versions of the Oakland Michigan Stockholder Proposal may include variations in the scope or specific measures suggested. For example, there might be proposals that focus solely on forced labor, while others encompass convict labor and illegal child labor as well. The exact names and details of these variations depend on the individual stockholders who submit them for consideration. However, the overall goal remains the same: ensuring J.C. Penney upholds strict standards in its supply chain to avoid association with suppliers engaged in exploitative labor practices.