A global technology company headquartered in the US has had various issues around data privacy and content management.
Our stewardship specialists have engaged with the company a number of times. The initial engagement focused on data privacy and the steps the company has taken. Follow-up engagements focused on content management, fact-checking, and monitoring third-party developers, as well as updates regarding data privacy.
The company was responsive to the concerns we raised. We have seen the necessary improvements in the company’s recognition of these issues, including modifications to the charter of its audit committee to be clearer about specific risk oversight, and increased oversight at the board level on data privacy and content management.