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Citigroup | PX14A6G: Notice of exempt solicitation

Citigroup | PX14A6G: Notice of exempt solicitation

花旗集团 | PX14A6G：豁免招标通知
SEC announcement ·  04/11 16:56
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The National Center for Public Policy Research (NCPPR) has submitted a proxy memorandum to Citigroup Inc. shareholders, advocating for a vote in favor of Shareholder Proposal 8, which calls for a report on the risks associated with the company's Diversity, Equity, and Inclusion (DEI) efforts. The NCPPR challenges the widely accepted notion that demographic diversity in corporate leadership leads to better financial performance. Citing recent studies and critiques, including those from McKinsey & Company and Blackrock, the NCPPR argues that the claimed positive correlation between diversity and performance is not supported by robust evidence. The memorandum highlights issues such as data mining, causation errors, and the potential legal liabilities of demographic quotas. The NCPPR's submission is voluntary and not a solicitation of proxy authority, and they have borne the cost of disseminating the information to shareholders. Citigroup shareholders are urged to vote directly following the instructions on their proxy cards.
The National Center for Public Policy Research (NCPPR) has submitted a proxy memorandum to Citigroup Inc. shareholders, advocating for a vote in favor of Shareholder Proposal 8, which calls for a report on the risks associated with the company's Diversity, Equity, and Inclusion (DEI) efforts. The NCPPR challenges the widely accepted notion that demographic diversity in corporate leadership leads to better financial performance. Citing recent studies and critiques, including those from McKinsey & Company and Blackrock, the NCPPR argues that the claimed positive correlation between diversity and performance is not supported by robust evidence. The memorandum highlights issues such as data mining, causation errors, and the potential legal liabilities of demographic quotas. The NCPPR's submission is voluntary and not a solicitation of proxy authority, and they have borne the cost of disseminating the information to shareholders. Citigroup shareholders are urged to vote directly following the instructions on their proxy cards.
国家公共政策研究中心（NCPPR）已向花旗集团股东提交了一份代理备忘录，主张对股东第8号提案投赞成票，该提案要求报告与公司多元化、公平和包容性（DEI）工作相关的风险。NCPPR挑战了人们普遍接受的观念，即企业领导层的人口多样性可以改善财务业绩。NCPPR援引了最近的研究和批评，包括麦肯锡公司和贝莱德的研究和批评，认为所谓的多元化与绩效之间的正相关性没有得到有力证据的支持。该备忘录重点介绍了数据挖掘、因果关系错误和人口配额的潜在法律责任等问题。NCPPR的提交是自愿的，不是征求代理权的，他们承担了向股东传播信息的费用。我们敦促花旗集团股东直接按照代理卡上的指示进行投票。
国家公共政策研究中心（NCPPR）已向花旗集团股东提交了一份代理备忘录，主张对股东第8号提案投赞成票，该提案要求报告与公司多元化、公平和包容性（DEI）工作相关的风险。NCPPR挑战了人们普遍接受的观念，即企业领导层的人口多样性可以改善财务业绩。NCPPR援引了最近的研究和批评，包括麦肯锡公司和贝莱德的研究和批评，认为所谓的多元化与绩效之间的正相关性没有得到有力证据的支持。该备忘录重点介绍了数据挖掘、因果关系错误和人口配额的潜在法律责任等问题。NCPPR的提交是自愿的，不是征求代理权的，他们承担了向股东传播信息的费用。我们敦促花旗集团股东直接按照代理卡上的指示进行投票。
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