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business22h ago
Norway wealth fund to vote for human rights report at Microsoft AGM, against management
- Norway's sovereign wealth fund will vote in favor of a rights report at Microsoft's AGM.
- The move reflects investor demand for clearer disclosures on human rights risks in tech.
- The fund aims to integrate ESG factors into its investment decisions.
- Microsoft faces ongoing scrutiny over privacy, antitrust issues, and worker treatment.
- The rights report is a non-binding shareholder proposal under discussion.
- The announcement aligns with Norway's broader governance priorities.
- The AGM takes place amid increasing investor focus on corporate accountability.
- The fund's involvement signals rising pressure on large tech firms to disclose human rights practices.
- The rights report request is part of governance discussions at Microsoft.
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