E-commerce giant Amazon, Inc. (NASDAQ:AMZN) said it is conducting a racial equity audit as part of its efforts to support and increase diversity in the workplace, a definitive proxy statement filed with the SEC as Form DEF 14A showed.
What Happened: Amazon said the focus of the racial equity audit would be to evaluate any "disparate racial impacts of its policies, programs and practices" on its nearly one million hourly employees. The audit team will be led by Loretta Lynch, a former U.S. Attorney General.
