BOSTON, Nov. 30, 2017 /PRNewswire/ — “The Bloomberg 50” list of the most influential people who defined global business in 2017 – unveiled today in a special issue of Bloomberg Businessweek – recognizes the work of investor activist and sustainable wealth manager Natasha Lamb, managing partner at Arjuna Capital.
Lamb is one of America’s busiest and most successful organizers of gender pay equity shareholder resolutions. In recent years, Lamb has convinced 11 major companies including Apple, Ebay, Expedia, Intel, Starbucks, Nike and Costco to produce wage data and commit to closing the gender pay gap. Lamb is engaging an additional 12 companies this year from Silicon Valley to Wall Street to Bentonville. Walmart is up next, as Arjuna Capital prepares to engage the retail giant on gender pay disclosure later this winter.
“With heightened awareness about how women are treated in the workplace, the United States is poised to make historic gains through the shareholder resolution process to close the gender pay gap,” Lamb said. “This watershed moment should make 2018 the most productive year yet for resolutions advancing women’s rights. We can’t rely on politicians to stand up for women. So, investors are taking matters into their own hands—not only because it is the right thing to do, but because encouraging more female leadership leads to better business outcomes.”
Lamb added: “I am honored to be singled out by Bloomberg for this incredible list of influencers and thought leaders. While my work in shareholder activism and sustainable investing extends beyond gender pay to issues of hate speech, sexual harassment, fake news at online social media giants, and climate change at the likes of ExxonMobil, our most impactful work this year has been focused on closing the gender pay gap. In such a polarized political environment, it is encouraging to be praised for advancing women’s rights and facilitating more just workplaces across America.”
Arjuna Capital is a national leader in shareholder advocacy on the gender pay equity issue. Arjuna Capital spearheaded a successful 2015-2017 campaign to get eight out of nine US tech giants, including eBay, Apple, and Intel, to commit to disclose and close the gender pay gap. An Arjuna Capital campaign targeting the U.S. financial sector – including leading banks, credit card, and insurance companies–is ongoing.
In 2014, Gap Inc. made history by becoming the first Fortune 500 Company to publicly confirm it pays