With correspondence dated March 28, the Securities and Exchange Commission has decided to allow an Amazon shareholder’s proposal—demanding more information on the company’s use and sale of facial-recognition technology—to proceed.
Amazon is at the center of a controversy regarding the sale of facial recognition services and civil rights and privacy protection concerns. In response, activist shareholders—the Tri-State Coalition for Responsible Investment, the Sisters of St. Joseph of Brentwood, the Sisters of St. Francis of Philadelphia, the Sisters of St. Francis Charitable Trust, Assad Asset Management, the Maryknoll Sisters of St. Dominic, and an individual, John Harrington—are seeking a related shareholder resolution for inclusion in the company’s proxy materials for its upcoming annual meeting.
