JPMorgan Chase Agrees to Close Gender Pay Gap

Six leading US banks and financial institutions in six weeks have now publicly disclosed efforts to address gender pay inequity. Responding to shareholder proposals from Arjuna Capital calling for detailed reports and wage data disclosure, JPMorgan – the world’s largest custodian bank and asset servicing company – became the sixth financial company since January 15th to agree to close its gender pay gap.  The company also disclosed its racial pay gap. Today, Arjuna Capital announced the official withdrawal of its shareholder proposal at JPMorgan.  Six of the nine banks and…

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