Morningstar – Earlier this week, shareholders of Restaurant Brands International (QSR), the parent company of Tim Horton’s, Popeye’s Louisiana Chicken and Burger King, cast their ballots on two shareholder proposals – one on worker rights, and the other on pollution.
With the pandemic affecting frontline workers at Restaurant Brands, investors and activists were closely watching the vote on worker rights, which ended up with 37% support, up from 25% the previous year. The vote on sustainable packaging garnered 9% support, down from 22% the previous year.
Shareholder advocacy group SHARE filed the workforce practices proposal on behalf of the Atkinson Charitable Foundation.