Does Starbucks Corp. play fair with its unions? The coffee giant may have to hire an independent auditor to answer that question. Read more.
Norges Bank, which owns more than one per cent of Starbucks shares, voted in favour of the worker assessment proposal, according to a statement on its website.
In recent years, clashes with labour organizers have put him at odds with that image and the one he wanted to cultivate of Starbucks as the “third place” — a safe and supportive space between home and work. Over the past year, Schultz refused to meet with investors to discuss concerns about the company’s workforce, said Jonas Kron, chief advocacy officer at Trillium Asset Management.
In a letter to employees ahead of the meeting on Thursday, Narasimhan pledged to work a half day in a store each month; he didn’t mention the unionizing workers.
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