Internet Freedom Foundation
For Immediate Release: 26/05/2023
press@internetfreedom.in
Meta’s upcoming Annual General Meeting and Calls for its Accountability in India: Voting on Proposal 7
● Meta is set to hold its Annual General Meeting (AGM) on May 31. Among several proposals to be discussed and voted upon on May 31, Proposal 7 and the outcome of the vote bear significance for the Indian audience. Notably, out of the 13 proposals being put to vote, this is the only one that relates to India, and to bias in AI.
● Proposal 7 titled “Assessing Allegations of Biased Operations in Meta’s Largest Market” is to be presented at Meta’s AGM on May 31, 2023. It highlights allegations against Facebook for disseminating hate speech, its failure to address risks and political bias, voices concerns around inadequate content moderation and lack of transparency in platform practices.
● This campaign, jointly launched by Ekō, India Civil Watch International (ICWI), and Internet Freedom Foundation (IFF), aims to raise awareness about Proposal 7 among users of Meta platforms, the relevant concerns highlighted in the proposal, and urge the shareholders to vote in favour of Proposal 7 by May 31. As part of the campaign, IFF will post everyday, from May 26 till May 31, highlighting instances where Meta has failed to address critical issues effectively.
New Delhi, May 26, 2023: Meta, the parent company of Facebook, Instagram, and other widely used platforms, is set to hold its AGM on May 31. Founder, Chairman, Chief Executive Officer, and largest shareholder (13.4%), Mark Zukerberg, senior executives, 9 members of Meta’s Board, and other members of the leadership team will be in attendance at the AGM. Other large shareholders are asset managers Vanguard with 6.9% share, BlackRock with 5.8% share, and Fidelity with 4.7% share. While Zuckerberg is not only the largest shareholder, he controls Meta with 61.9% of all votes thanks to super-voting shares.
Amidst the various proposals to be discussed, Proposal 7 tackles the critical issue of how Meta handles content regulation in India, a matter with profound implications for our society. It delves into the concerning role played by Meta’s platforms in disseminating hate speech, fostering divisions, and even instigating real-world violence. Ekō, ICWI, and IFF, have jointly launched a campaign to increase awareness among Meta shareholders and Meta users about the upcoming Meeting and Proposal 7. We call on shareholders to vote ‘Yes’ on Proposal 7 by May 31.
Glass Lewis, a leading advisory service, which manages more than 40 trillion in assets, as well as provides institutional investors with guidance on resolutions has recommended shareholders vote ‘Yes’ on the proposal. For years, Glass Lewis has brought Environmental, social, and corporate governance (ESG) expertise and analysis across approximately 100 global markets. This proposal and the outcome of the vote bear significance for the Indian audience. During the 2020 Delhi riots, Facebook faced numerous allegations that hate speech spread on the platform had fueled the violence. In another incident, Facebook’s role in the communal riots which erupted in Delhi was investigated, after a video of a religious leader openly calling for ‘ethnic cleansing’ was shared widely on various Meta platforms.
Of particular concern is Meta’s consistently disappointing approach in such instances. Rather than promptly addressing divisive content, they have prioritised potential business interests over removing a source of hate speech, arguing that the latter could negatively impact their business in India. Reports also indicate that Facebook may have allowed political parties to promote surrogate advertisements to boost their visibility. Furthermore, the content moderation system, which serves as our defence against hate speech, is ineffective in handling India’s diverse range of official languages.
Accusations have surfaced from individuals across the political spectrum over the years, with the most significant impact often affecting those without power. While social networks enable users to exercise their right to free expression, a goal worth protecting, we are frequently confronted with the harms they cause. This calls for systemic fixes and genuine accountability in a transparent, proportional, and certain manner. Apar Gupta, Founding Director of IFF, expressed disappointment over Meta’s failure to fulfil its obligations to shareholders and the Indian republic, stating, “Today, a crisis affects Meta’s reputation, operations, ESG commitments, and, ultimately, its investments. Meta platforms Facebook, Instagram and Whatsapp with a rising teleconnectivity are used by most, if not all Indians with internet connections. The widespread use of these social platforms by its very nature bears the weight of social responsibility by Meta, in the company’s largest market.”
Ekō has submitted a shareholder proposal that demands that Meta commission a non-partisan assessment of these allegations and disclose the results in a report to investors. The assessment would evaluate political biases, content management capabilities, and the effectiveness of mechanisms in combating hate speech and disinformation. Meta has failed to publish the full report of the Human Rights Impact Assessment (HRIA) for India which leads to concerns about Meta stifling transparency and accountability. Further, the four page summary on India’s assessment published in Meta’s first annual Human Rights Report is not reflective of the inputs provided by several civil society organisations who participated in the assessment.
Meta’s Board has already cast the Proposal in an unfavourable light, stating their justification for such limited and insufficient disclosure as necessary to mitigate security risks for Meta’s employees. The Board of Directors, have thus, recommended that shareholders vote against this proposal. To prevent the misuse of platforms for divisive agendas, the civil society organisations including IFF will post everyday, from May 26 till the day of the meeting, highlighting instances where Meta has failed to address critical issues effectively. Campaigners will use the hashtag VoteYesonProposal7 on social media to encourage shareholders to #VoteForABetterMeta. As an introduction to the campaign, IFF has published this video to further raise awareness among shareholders and users.
About Ekō: Ekō is a community of people from around the world committed to curbing the growing power of corporations. They wish to buy from, work for and invest in companies that respect the environment, treat their workers well and respect democracy.
About ICWI: ICWI is a non-sectarian left diasporic membership-based organisation that represents the diversity of India’s people and anchors a transnational network to building radical democracy in India.
About IFF: IFF is a digital rights advocacy organisation registered as a public charitable trust which aims to ensure that technology respects and furthers the fundamental rights of internet users in India. We work across a wide spectrum of issues, with expertise in free speech, electronic surveillance, data protection, net neutrality and innovation.
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