Amazon Employees Try a New Form of Activism, as Shareholders

Amazon Employees Try a New Form of Activism, as Shareholders 2

Amazon employees are using their company-issued stock to pressure top brass into reducing the company’s contributions to climate change, in what may be an unprecedented effort to expand tech-worker unease to a new arena: shareholder activism.

Amazon’s proxy statement, released Thursday, includes an employee-backed resolution asking the company to report publicly on how it plans to reduce its reliance on fossil fuels and manage the risks posed by climate change. Wednesday, supporters released an open letter signed by more than 5,200 employees calling on CEO Jeff Bezos and the board of directors to support the resolution. In the open letter, the employees also asked Amazon to stop offering its cloud services to the oil and gas industries.

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