DuPont's Reportable Injuries Fell 24 Percent Last Year
DuPont, which has a long history of advising other companies on how they can make their workplaces safer, says its own total recordable injuries dropped by 24 percent in 2006. The figure is noted in investor documents posted by the company ahead of its 2007 annual meeting April 25.
The documents say "high standards of performance" in safety, environmental, and compliance were factored into Chairman/CEL Chad Holliday's 2006 compensation, which totaled $10,691,858. Holliday's 2006 sales rose by 3 percent and his 2007 salary by 2 percent. DuPont's chief innovation officer, chief financial officer, and chief operating officer earned compensation in 2006 of approximately $3.6 million each.
A shareholder proposal to be voted on this time requests that DuPont's board appoint a committee of employees, union leaders, management representatives, and independent consultants to report on the community impact of DuPont's plant closures and layoffs. The proposal's authors say total U.S. employment by the company in the past 10 years has falling from more than 90,000 to just over 30,000. The DuPont board recommends a no vote on this proposal, saying it already tries hard to assist workers and communities affected by these actions.