Amazon to Undergo "Racial Equity Audit" Led by Loretta Lynch

Amazon to Undergo "Racial Equity Audit" Led by Loretta Lynch Inc. is the latest company to agree to undergo a racial equity audit, along with Citigroup, Tyson Foods, and others.

The independent audit will be led by form US Attorney General Loretta Lynch, and will seek out “an analysis of companies to see whether their businesses cause and perpetuate discrimination,” Bloomberg reports. 

The audit will seek out any inequities and any disparate racial impacts on the company’s employees.

The New York State Common Retirement Fund and Comptroller Thomas DiNapoli had pushed for Amazon to undergo the audit, and now say they look forward to seeing the results, saying that they hope to see a plan for a review because they “remain concerned that the company has provided few details and has made no assurances that the audit will be independent.”

An audit had been requested in 2021 by the New York pension fund, which had filed a shareholder resolution with the delivery giant over alleged discrimination against black and Latin American workers. Discrepancies included low wages, dangerous working conditions, Covid protocols, air pollution from distribution facilities in minority neighborhoods, and more.

The request failed, but it did garner over 44 percent of shareholder support, Bloomberg says. The New York pension plan “filed a similar proposal for Amazon’s May 25 annual meeting,” they say.

Amazon had initially resisted calls to perform the racial audits, but now join large companies like JPMorgan Chase & Co. that now agree.

Last month, Apple Inc. shareholders backed a call for the company to be audited. Airbnb was the first company to do so in 2016. Starbucks, Facebook, and others followed in their footsteps.



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