Comcast – NBCUniversal Accused Of Sexual Harassment Cover-Up By Shareholder Group

Comcast NBC Universal Logo
(Last Updated On: August 15, 2020)

“They Just Don’t Get It”: Bid to Derail Arjuna Capital – UltraViolet Shareholder Resolution Seen as Reflection of Mindset Linked to Allegations About Matt Lauer, Simon Cowell and Sexual Harassment at Comcast Call Centers.

Boston, Philadelphia – Comcast – NBCUniversal executives are trying to kill a shareholder resolution filed by investment management firm Arjuna Capital and supported by UltraViolet, a leading national women’s organization, that calls on the company to conduct an independent investigation into its failures to prevent workplace sexual harassment, and the resulting financial risks to shareholders. Comcast – NBCUniversal is taking the extraordinary step of petitioning the U.S. Securities and Exchange Commission (SEC) to block the resolution before it can reach a vote of the company’s shareholders.

Advocates from Arjuna Capital and UltraViolet argue that Comcast – NBCUniversal is sending “absolutely the wrong signal” by attempting to silence legitimate shareholder concerns about workplace harassment stemming from numerous allegations against NBC on-air talent like Matt Lauer and Simon Cowell, as well as managers at Comcast call centers who have been hit with harassment complaints.

The shareholder resolution cites Comcast/NBC Universal for “an alleged failure to protect employees from sexual harassment in the workplace, failing to hold those culpable accountable, and lacking transparency.”

Natasha Lamb, managing partner, Arjuna Capital, said: “On its face, the decision by Comcast – NBCUniversal to kill our sex discrimination resolution before it reaches an investor vote suggests they just don’t get it. Attempting to cover up what is potentially a company-wide pattern of abuse is not a credible corporate response. In the case of workplace sexual harassment, sunlight is the best disinfectant, and continued attempts to sweep concerns under the rug sends absolutely the wrong signal to shareholders. Investors are legitimately concerned about their long-term wealth and the kind of regulatory fines and court-imposed judgments that could lie just ahead.”

“Whether it’s Matt Lauer, Simon Cowell, or issues at Comcast’s call-centers, Comcast has fostered a work environment that empowers men to abuse women in the workforce, all while corporate executives look the other way, or worse, protect the abuser and silence those who speak up,” explained Shaunna Thomas, co-founder and executive director of UltraViolet. “Comcast’s piecemeal approach to addressing a culture of abuse only when it is exposed in the media must end. Internal investigations are entirely insufficient and pose a significant risk to Comcast’s brand and shareholder value. The last time Comcast conducted an internal investigation, they exonerated their decision-makers and enablers of abuse, and failed to make systemic changes that addressed the root of the problems. It is time for real action.”

NBC News’ digital editorial staff recently voted to form a union, with the NewsGuild of New York, noting “serious questions” about how NBC News has handled sexual misconduct and its “opaque” procedures for “exposing powerful predators.” This failure to provide a safe workplace extends to Comcast call centers, where employees have described a hostile culture of sexual harassment. In July 2018, Comcast fired three call center employees who filed complaints. One has now filed a complaint at the U.S. Equal Employment Opportunity Commission (EEOC).

The Arjuna Capital resolution notes that the risk of inaction on workplace harassment is considerable for shareholders: “…Workplace harassment can harm shareholder value. The market capitalization of Wynn Resorts dropped by 3 billion dollars over two days following harassment allegations against CEO Steve Wynn. 21st Century Fox agreed to a $90-million settlement with shareholders who alleged that directors failed to hold accountable senior executives who perpetuated sexual harassment… To avoid legal and reputational risk, as the employer of 184,000 workers, Comcast must create a culture of accountability and transparency, and protect employees from harassment and discrimination.”

In recent months, UltraViolet has called for Comcast – NBCUniversal to address its toxic workplace culture. In November, UltraViolet organized a letter to the DNC, signed by Presidential candidates Sen. Bernie Sanders, Sen. Elizabeth Warren, Sen. Cory Booker, Sen. Kamala Harris, Rep. Julian Castro, and Tom Steyer, calling on the DNC to demand Comcast – NBCUniversal take action to address the toxic culture that exists across their newsrooms and boardrooms. In October, members of UltraViolet rallied outside of NBC’s headquarters in New York City to deliver more than 20,000 signatures demanding changes across Comcast.

Arjuna Capital is a champion of workplace concerns for women and minorities. In 2018, Arjuna persuaded Citibank, J.P. Morgan, Wells Fargo, Bank of America, Bank of New York Mellon, American Express, Mastercard, Reinsurance Group and Progressive to publish their gender and racial pay gaps on an equal pay for equal work basis. Since 2016, Arjuna Capital compelled similar disclosures from 22 companies, including leading U.S. tech and retail firms Apple, Amazon, Intel, Microsoft, Google, Facebook, eBay, Adobe, Expedia, and Starbucks.

Arjuna Capital is a sustainable and impact investment firm that works with high-net-worth individuals, families, and institutions to invest with a lens toward Environmental, Social, and Governance (ESG) risk and opportunity. Lamb and Arjuna Capital have been recognized for using shareholder resolutions to promote gender and racial pay equity in the tech, banking, and retail sectors. Natasha Lamb was named to the “Bloomberg 50” list of influencers who defined global business in 2017. For more information, visit http://www.ArjunaCapital.com.

UltraViolet is a community of more than one million people that drives feminist cultural and political change. Through people power and strategic advocacy, we work to improve the lives of women and girls of all identities and backgrounds, and all people impacted by sexism, by dismantling discrimination and creating a cost for sexism.

This is based on a press release sent to Zennie62Media

Avatar

By Roger Robarts

I am that rare breed: a blogger, and I don't mean micro.  OaklandNewsNow.com, Oakland News Now, Oakland-News-Now.com @OaklandNewsNow oaklandnewsblog.com is by Zennie62Media, Inc. with CEO Zenophon Abraham AKA Zennie62 YouTube Oakland News Now Commentary Vlog YouTube Partner, Oakland California blogger / vlogger Zennie Abraham @ZennieAbraham . Hire @Zennie62Media, Inc to tell your story. Zennie62Media uses smartphones enabling our 98-blog network, specially-made blogs, website, social media platforms covering politics, news, sports, and tech, @Oaklandcitynews, Oakland City Council, North Oakland, East Oakland, Montclair, Adams Point, Uptown Oakland food culture, Oakland City, Oakland Cemetery, Oakland crime, Oakland directions, Oakland airport, Oakland, California ghetto, Oakland, California Map, Oakland Raiders, Oakland City Hall Plaza, East Oakland, Jack London Square, London Square, Golden State Warriors, Chase Center, Bob Myers, Joe Lacob, Peter Guber, NBC Bay Area, Council-Member, Councilmember, Council President, Mayor of Oakland, Public-Safety, Affordable Housing, BBQ Becky Dr. Jennifer Schulte , Jogger Joe Henry Sintay, Oakland crime news, Chauncey Bailey, Bank of America loans, COVID-19 updates, homeless news, SF Bay Area news, Oakland artists, @breakingnewsbayarea, Emeryville, Atlanta news, Chevron Ecuador, Steven Donziger, Fayetteville GA news, @FayettevilleGA Fayette County Georgia, San Francisco news, San Jose news. Also, David Rubin Academy Awards, The Oscars ceremony ,Tom Hanks, Skyline High School, Oakland Sports, Oakland Panthers, Oakland Coliseum, Honda of Oakland, Oakland Arena, Oakland Raiders, Las Vegas Raiders, Las Vegas Stadium Construction, Allegiant Stadium, Las Vegas Stadium Authority, NBA, NFL, NFL Draft, NFL Combine, CES Las Vegas tech, San Diego Comic Con sci-fi. @GrandLakeTheater @LasVegasHotels, Penny Dreadful City of Angels, Academy of Motion Picture Arts and Sciences, AMPAS Zennie62Media has content development and online reputation management clients like Insight Terminal Solutions @InsightTerminalSolutions and The Oakland Bulk and Oversized Terminal, with California Capital Investment Group Managing Partner Phillip Phil Tagami @PhilTagami co-developer, @JohnSiegel John Siegel as ITS CEO exposing coal and Oakland fake news. Zennie62 has helped Maria Ayerdi Kaplan @MariaAyerdiKaplan, developer of Salesforce Transit Center in San Francisco, Kofi Bonner Five Points, San Francisco Shipyard, and Flowsent capture the Oakland Cannabis Delivery Dispensary @OaklandCannabis market with fitness model female bodybuilder Laura Ehlen and weedmaps help. We’ve partnered with CoLoursTV, CNN, 48Hills, TechCrunch, Quicken Loans, Bedrock Development, SFist, YouTube, Google, NBC, Vice, Oakland Post / Post News Group, Landis PR, and other media organizations. Competition: The SF Chronicle, San Francisco Chronicle, Streetsblog San Francisco, SFStreetsBlog.org, San Francisco Business Times, Bizjournals.com, NY Times, Salt Lake Tribune, LA Times, Los Angeles Times, Daily Californian, KQED, KALX, KPIX, KRON, Las Vegas Review Journal, East Bay Express, Oakland Tribune, Oakland Voices, The Mercury News, AJC, Atlanta Journal Constitution, Hoodline, SF Examiner, Sports Illustrated Zennie62 interviews celebrities like Lars Frykman, Bill Boyd, Arizona Cardinals QB Kyler Murray, Raiders Owner Mark Davis, Raider Legend Raymond Chester, Brianna Noble, NY Giants Owner John Mara, @SportsTalk Tony Bruno, Sports Agent Leigh Steinberg, Oakland City Charter, Mason Riggs, Richard Haick, Fox News Tucker Carlson, Henry Sintay Oakland’s “Jogger Joe”, Cam Newton, Danny Vitale, Henry Ruggs, Cee Dee Lamb, Jerry Jeudy, Chris Cabott, sports academy, NFL Commissioner Roger Goodell, California Governor Gavin Newsom, Tanis Parenteau, Scott Kidd, Actors Richard Dreyfuss, Jim Kelly and John Saxon of Enter The Dragon, Lou Ferrigno, Lindsey Vonn hot legs, Blake Neely, SDCC’s David Glanzer, Publicist Edward Lozzi. Topics like Oakland Apartment rents, Essex Oakland, Fortress Investments, Forest City Development Housing, Lennar Corporation, Oakland City Center, 1200 Lakeshore, Perch Coffee, Haddon Hill, 565 Bellevue, Lake Chalet, Room 389, Golden Bear, Jerry Figone, Johnny Love Metheny, Lakeshore Business District, Eastmont Mall, WordPress, CVS Mail Order and Pharmacy, Kaiser Permanente, Rosa's Home Cooking Restaurant, Oakland Community Kitchens, Lukas Oakland, Maria Alderete, The Studio Cafe, Black Lives Matter, Oakland hangman noose problem, Oakland NFL Football, Rayzin Schnitzer 11th Street Diner Miami, George Floyd Protests, Oakland City Charter, @OaklandCityCouncil, Mountain View, CA, London, England, Moscow, Russia, blacks in tech, Tackett Bartlett LLP, Berkeley Bowl, Peets Coffee, @TackettBartlettLLP, Jameis Winston, Pinewood Studios Atlanta, Jeff Miller, Joceyln Moore, Derek Carr, Marcus Mariota, Regina Jackson, Barry Donelan, Deborah Matthews, Yanqing Ye, UC Berkeley, NFL Owners Meeting, NFL Annual Meeting, Eli Lilly Coronavirus COVID-19 vacine, Summit Bank Oakland, SIFF, Sonoma International Film Festival, Bank of America, Oakland protestors arrested, Juneteenth Rally, Len Raphael, Southern Evangelical Seminary, Richard Land, Kyle Rittenhouse, Jacob Blake, Kenosha, Carroll Fife, Mike Hutchinson Oakland, Alison Roessler, Brie Larson, Mayor Of Chicago, Orlando Martinez, Robert F. Smith, coalition for police accountability, Youth vs. Apocalypse, Atlanta Mayor Keisha Lance Bottoms, Georgia Governor Brian Kemp, Kate Harrison, Cheryl Davila, Mayor Jesse Arreguin, Lori, Droste, Stephanie Walton, Tri Ngo, berkeley marina, berkeley city, Jeff Bezos, Amazon, The Washington Post, Washington Redskins, Washington NFL Football Team, NFL Football Team, Barbara Leslie, Yui Hay Lee, Andreas Cluver, White Journalists, Blacks In Media, Alana Nguyen SFGate, Morgan Bach, Derr & Isbell Construction, Merrill Iron & Steel, Inc WebiMax, Gadook, VJG Interactive, LocalEdge, Digital Firefly Marketing, GreyBox Creative, Igniyte, Reputation Rhino, Netmark, Outspoken Media, SEOValley, WebpageFX, NetReputati, san francisco reputation management, atlanta reputation management, los angeles reputation management, Indeed, airbnb, pinterest, credit karma, southwest airlines, mcdonalds, united airlines, Peel-A-Pound Soup, drudge report, astros, 49ers, frontier airlines, tractor supply, UC Berkeley ranking, warriors, alaska airlines, buffalo wild wings, horoscope, shein, raiders, uhaul, ted bundy, nba finals, michaels coupon, Tua Tagovailoa, cheesecake factory, golden state warriors, kevin durant, realtor com, stephen curry, walgreens photo, drudge, facebook sign in, funny memes, hbo go, hbo now, oakland raiders, Pacific Merchant Shipping Association, oakland national night out, vistaprint, braves, san francisco 49ers, monday night football, newegg, travis scott, zion williamson, kohls coupons, lands end, nancy pelosi, kohls coupon, hotwire, Kamala Harris, Joe Biden, Patrick Mahomes, mark davis raiders wife, al davis,mark davis net worth, mark davis van, mark davis raiders haircut, mark davis car, mark davis minivan, raiders owner net worth, harry potter, giants, craigslist sf, craig newmark, vic beasley, california earthquake, boston weather, las vegas weather, Eric Metz, sf giants, san francisco weather, san francisco, los angeles weather, lord and taylor, star wars, star wars episode, star trek, star trek discovery, william shatner, ermal allen cowboys, Tom Landry, Jerry Jones, Gil Brandt, Tex Schramm, #Yayarearevolution, zinni.com, zenni.com, leonard nimoy, j.j.abrams, jimmy garoppolo, hawaiian airlines, detective pikachu, clint eastwood, bed bath and beyond coupon, abercrombie, pewdiepie, sfgate, sc lottery, berkeley school, san diego weather, san antonio weather, southwest flights, pikachu, golden state, myatt, just mercy, french open, colourpop, cam newton, anna kendrick, actor, sexual harrassment, klay thompson, harbor freight coupon, robin williams, protest in Oakland, portland protest, Berkeley protest, Chicago protest, LA protest, berkeley university, Howard Terminal Ballpark, Seattle protest, portland weather, phoenix weather, north carolina, macbook, how, bath and body works coupon, The Pandemic, community organizer, berkeley coronavirus,, sports events,googleflights, daytona 500, daily horoscope, ashton kutcher, mask, Economic Stimulus, andrew luck, alamo drafthouse, 49ers schedule, trump tweets, MyoKardia, chadwick boseman, colon cancer, Black Panther, MARVEL Entertainment, Disney, thanksgiving,How to, What is, How do I, What do I, Who is? , Electronic Frontier Foundation, Howard Terminal Ballpark, Natalie Silver, Pass It On, Barbara Leslie, Yui Hay Lee, Andreas Cluver, White Journalists, Blacks In Media, David Rubin, Frances Dinkelspiel, Alana Nguyen SFGate, Cat Brooks, Anti Police-Terror Project, Mountain Mike’s Pizza, Glenview, Restorative Justice, School Crossing Guards, berkeley philosophy Bill Belichick ,New England Patriots, Sean Payton, New Orleans Saints, Andy Reid, Kansas City Chiefs , John Harbaugh, Baltimore Ravens, Sean McVay, Los Angeles Rams, Mike Tomlin, Pittsburgh Steelers, Kyle Shanahan, San Francisco 49ers, Pete Carroll, Seattle Seahawks, Bruce Arians, Tampa Bay Buccaneers, Frank Reich, Indianapolis Colts , Mike Zimmer , Minnesota Vikings , Doug Pederson, Philadelphia Eagles , Mike Vrabel, Tennessee Titans , Sean McDermott, Buffalo Bills , Matt Nagy, Chicago Bears , Kliff Kingsbury, Arizona Cardinals , Zac Taylor, Cincinnati Bengals, Bill O’Brien, Houston Texans, Kevin Stefanski, Cleveland Browns, Ron Rivera, Washington Redskins , Brian Flores, Miami Dolphins , Joe Judge, New York Giants, Mike McCarthy, Dallas Cowboys, Matt Rhule, Carolina Panthers, Jon Gruden, Las Vegas Raiders, Matt LaFleur, Green Bay Packers, Anthony Lynn, Los Angeles Chargers, Vic Fangio, Denver Broncos, Dan Quinn, Atlanta Falcons, Matt Patricia, Detroit Lions, Doug Marrone, Jacksonville Jaguars, Adam Gase, New York Jets Also Elon Musk, YouTuber , Nura Gabbara, Pat Abraham Yerger, Earline Patricia Yerger, Glide Memorial Church, Oakland Mayor Libby Schaaf @LibbySchaaf, Councilmember Nikki Fortunato Bas, Dan Kalb of District 1, Loren Taylor, Lynette Gibson McElhaney, Sheng Thao, Noel Gallo, Robert Bobb, Rebecca Kaplan, Larry Reid, Tech Entrepreneur Sarah Lacy, Personal Trainer Megan Avalon Buffed Barbie, Social Media Pioneer Marc Canter, Beth Schnitzer, Spritz Marketing, Eleanor Wikstrom, SF Mayor London Breed, Scott McKibben, CA Assemblymember Buffy Wicks, Schools Superintendent Tony Thurmond, Berkeley Councilmember Ben Bartlett @BenBartlett, Raiders Charles Woodson, 49ers Jerry Rice, Grand Lake Theater Oakland Owner Allan Michaan, Gary Meyer Telluride, Eat Drink Films, C.J. Hirschfeld, Shaun Tai , BRIDGEGOOD, Oakland Digital, Issac Kos-Reed, Salsa-By-The-Lake, AMC Cinemark TinselTown, Children's Fairyland, Irvine City Manager John Russo, Guy Fieri, Oakland CAO Edward Reiskin, Raiders Coach Jon Gruden Running Back Josh Jacobs, Stanford HC David Shaw, Tri Ngo, Atlanta Falcons Coach Dan Quinn, Michael Mina, NFL Draft Mr. Irrelevant Head Melanie Fitch, Paul Satala. Eva Crawford, Lauren Weisheit, Subscribe to Zennie Abraham’s @Zennie62 YouTube Channel, today!

;

Oakland News Now Recent Blog Posts

Do NOT follow this link or you will be banned from the site!