Washington Post – “Using the same spreadsheet-style activism she did with #GrabYourWallet, Shannon Coulter emailed some 500 companies, asking detailed questions about their forced arbitration policies for sexual harassment, which require employees to resolve complaints out of court. She and her partners, social impact investor Rachel Robasciotti and principal Iris Kuo, then published their answers — or lack thereof — on a public site, listing contact details for company representatives. So far, Coulter said, more than 100 companies including U.S. Bancorp and Delta Air Lines have said they don’t currently use the practice or never have. A handful of others, including Pfizer and Morgan Stanley, have said they mandate it for U.S. employees or have an opt-out policy. (Nearly 370 companies have not responded.) The idea is that forcing companies to go public about forced arbitration could create accountability and push more employers to end the practice…”

Besides Coulter’s efforts, investors have filed at least 11 shareholder proposals this year to get companies such as Tesla and Dollar General to disclose more on the issue, according to Whistle Stop Capital principal Meredith Benton. On Feb. 12, Wells Fargo said it was ending mandatory arbitration for sexual harassment claims following feedback from stakeholders, including Clear Yield Asset Management, which had submitted a proposal…”