1. An Uber Shareholder is Demanding More Transparency About the Impact of the Company's Lobbying Efforts

    An Uber Shareholder is Demanding More Transparency About the Impact of the Company's Lobbying Efforts
    • \The Teamsters General Fund, an Uber investor, wants the company to reveal more about its lobbying.
    • The fund urged Uber shareholders to vote for its proposal requiring an annual report from Uber.
    • It said Uber's "highly innovative" but "controversial" lobbying could hurt its brand and business...
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    1. Uber's lobbying is not only substantial, geographically extensive and highly innovative, but is profoundly controversial and raises critical questions over the sustainability of the company's business model.
    2. It may be tempting to view Uber's current disclosures as a good-faith effort to address concerns over the transparency of its lobbying activities; but this would be a mistake.
    3. Transparency is vital to understanding how Uber is navigating the acute reputational risks that come with lobbying around matters as emotive as wage theft and workers' rights.
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