JLens and ADL Announce Proxy Advisors' Support for Meta Shareholder Proposal to Strengthen Controls on Hateful Content

ISS and Glass Lewis Recommend that Meta Shareholders Vote FOR Proposal 8 to Address Antisemitism and Other Forms of Hate Across the Social Media Company’s Platforms

NEW YORK--(BUSINESS WIRE)-- JLens, a Registered Investment Advisor affiliated with ADL (the Anti-Defamation League), today announced that the two leading independent proxy advisory firms have issued recommendations in favor of a JLens-sponsored shareholder proposal to combat hateful content at Meta Platforms, Inc. (NASDAQ: META) (“Meta” or the “Company”). The proxy advisors, Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), both recommend that Meta shareholders vote FOR Proposal 8, which was submitted by JLens and is on the ballot at Meta’s annual shareholder meeting taking place today, Wednesday, May 28, 2025, at 1:00 PM ET / 10:00 AM PT.

Proposal 8, titled “Report on Hate Targeting Marginalized Communities,” calls for Meta to prepare and issue a detailed report evaluating how it addresses hate content, including antisemitism, on its platforms, which include Facebook and Instagram. The proposal specifically states:

RESOLVED: Shareholders request that Meta Platforms, Inc. prepare a report, at reasonable cost and omitting proprietary or privileged information, detailing the company’s policies, practices, and effectiveness in combating hate on its platform(s) and services, specifically antisemitism, anti-LGBTQ+ and anti-disability hate. The report may evaluate the adequacy of moderation, enforcement, user protection, ad policies, and transparency efforts, with findings made publicly available within one year.

The goal of the proposal is to provide insights into Meta’s content moderation practices, enforcement mechanisms, transparency measures, and its effectiveness at combating hate. JLens’ statement in support of Proposal 8 will be presented at the annual meeting.

JLens and the ADL have filed a Notice of Exempt Solicitation with the U.S. Securities and Exchange Commission to provide additional context and rationale for the shareholder proposal.

JLens and ADL are not alone in expressing concerns about the Company’s inadequate efforts to protect against hate speech. On April 23, 2025, Meta’s own Oversight Board openly questioned whether the Company’s aggressive rollback of content moderation policies had gone too far in dismantling critical safeguards for users, and urged Meta to assess the human rights impact of its current policies.

“It is very encouraging that so many voices – both within and outside Meta – are loudly proclaiming the need for the Company to do more to combat hate on its platforms. We are glad that ISS and Glass Lewis are in agreement with ADL and JLens, as well as Meta’s self-appointed Oversight Board, that stronger action by Company management is urgently needed to counter the proliferation of unchecked hate speech,” said Jonathan A. Greenblatt, ADL CEO and National Director.

“We applaud the decision by two influential proxy advisors to support our Meta proposal, sending a strong signal that hate has no place in the corporate arena or on social media platforms. By urging the Company to re-examine its content moderation efforts, our proposal would not only strengthen protections against antisemitic and other hateful content, but also would help to enhance user safety, preserve brand reputation, and support Meta’s long-term shareholder value,” said Ari Hoffnung, JLens Managing Director.

About ADL

ADL is the leading anti-hate organization in the world. Founded in 1913, its timeless mission is “to stop the defamation of the Jewish people and to secure justice and fair treatment to all.” Today, ADL continues to fight all forms of antisemitism and bias, using innovation and partnerships to drive impact. A global leader in combating antisemitism, countering extremism and battling bigotry wherever and whenever it happens, ADL works to protect democracy and ensure a just and inclusive society for all. More at www.adl.org.

About JLens

Founded in 2012, JLens is a 501(c)(3) nonprofit and Registered Investment Advisor that empowers investors to align their capital with Jewish values and advocates for Jewish communal priorities in the corporate arena. JLens’ Jewish Investor Network is composed of over 30 Jewish institutions, representing $11 billion in communal capital. In 2022, JLens established an affiliation with ADL (Anti-Defamation League), the leading anti-hate organization in the world. JLens has an indirect financial interest in Meta Platforms, Inc. as a data and proxy service provider, and sub advisor to investment vehicles with holdings in those companies. More at www.jlensnetwork.org.

PLEASE NOTE: THIS IS NOT A PROXY SOLICITATION AND NO PROXY CARDS WILL BE ACCEPTED. The Anti-Defamation League and JLens are not asking for your proxy card and cannot accept your proxy card. Please DO NOT send us your proxy card.

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Media Contacts

Dukas Linden Public Relations

JLens@dlpr.com



Jessica Cohen

ADL

(929) 618-6393

adlmedia@adl.org

Source: JLens