Story from Parnassus.
Amazon has faced public scrutiny over its treatment of workers, especially throughout the Covid-19 pandemic. Parnassus, along with other investors, questioned Amazon about its warehouse workers and drivers, specifically about health and safety, illness rates, productivity requirements and protections for contractors.
In part due to pressure from investors, Amazon set aside $10 billion for hazard pay and network investments to support its customers. $3 billion of this amount was allocated to bonuses and incentives, including a one-time bonus to frontline employees.
Note that all fund impact stories are sourced from the fund manager and have not been independently verified by Ethos. You can view the source of this story here
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