Shareholders need greater clarity on how, in the face of public allegations and regulatory findings that the company has interfered with workers’ efforts to join and form trade unions, the company is respecting the rights to freedom of association and collective bargaining. [...] In 2022, SHARE, Domini Impact Investments and SOC Investment Group filed a proposal that requests the company: adopt and publicly disclose a policy on its commitment to respect the rights to freedom of association and collective bargaining in its operations, as reflected in the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work (“Fundamental Principles. [...] The UDHR focuses on dignity, respect and equality, without discrimination, and recognizes the right to freedom of association and collective bargaining.”13 While it is true that the UDHR recognizes these rights, Tesla has curiously omitted any mention whatsoever of freedom of association and collective bargaining from policy commitments pertaining to its operations, including the Company’s Human R. [...] An explicit policy commitment to respect the rights to freedom of association and collective bargaining in Tesla’s operations (along with corresponding due diligence processes to identify, prevent, mitigate and account for adverse impacts on these rights) is necessary to clarify the company’s position on this issue and provide a public expression of the company’s understanding of its responsibilit. [...] By failing to have an explicit and formal policy commitment, applicable to its own operations, on the rights to freedom of association and collective bargaining, Tesla has created a governance vacuum and failed to address the concerns of investors.
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- Canada
