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JLens and ADL Urge Meta Shareholders to Vote FOR Shareholder Proposal Addressing the Risks of Online Antisemitism and Other Forms of Hate

via Business Wire

Shareholder Proposal 8 Seeks Transparency into Meta’s Content Moderation and Enforcement Practices

JLens, a Registered Investment Advisor, and the Anti-Defamation League (ADL) today jointly called on shareholders of Meta Platforms, Inc. (NASDAQ: META) (“Meta” or the “Company”) to support Shareholder Proposal 8, which appears in the proxy for the Company’s annual meeting of shareholders, scheduled to be held on May 28, 2025.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250428362499/en/

JLens’ proposal urges Meta shareholders to vote FOR a measure requesting the Company to prepare a detailed report evaluating how Meta addresses hate content, including antisemitism, on its platforms.

Data from ADL shows that antisemitic incidents in the U.S. hit a record 9,354 in 2024—a 5 percent increase over 2023 and the highest ever recorded—driven by a surge in hate following the October 7 Hamas terrorist attack in Israel.

This surge in antisemitism has also been mirrored online. According to the “Online Hate and Harassment: The American Experience 2024” report by the ADL Center for Technology & Society, 41 percent of Jewish adults reported they altered their online behavior to avoid being identified as Jewish. The same research found that Facebook, owned by Meta, has been the platform where Americans most frequently experience harassment—every year for the past five years.

These concerns are not limited to outside observers. 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 urging Meta to assess the human rights impact of its current policies. The Oversight Board’s statement not only validates Shareholder Proposal 8, it also affirms and injects real urgency: investors now have confirmation from Meta’s self-appointed oversight group that the risk of unchecked hate speech requires swift, transparent action.

The JLens proposal, titled “Report on Hate Targeting Marginalized Communities,” 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 intent of the proposal is to provide insights into Meta’s content moderation practices, enforcement mechanisms, transparency measures, and its effectiveness at combating hate.

“In an era marked by increased polarization and an unprecedented rise in antisemitism globally, it is distressing that Meta has chosen to weaken its content moderation efforts. Our proposal calls upon Meta shareholders to demand transparency about what the company is doing to combat hate on Facebook and Instagram and to clearly identify where it falls short,” said Jonathan A. Greenblatt, ADL CEO and National Director.

“Unchecked online antisemitism and hate risk alienating users and exposing Meta to serious financial, reputational, and regulatory threats. With over $150 billion in annual revenue—virtually all of it from advertising—brand safety is paramount. Inadequate content moderation undermines user trust, has the potential to drive away advertisers, and jeopardizes long-term shareholder value. Investors deserve full transparency into how Meta is managing these escalating risks,” said Ari Hoffnung, JLens Managing Director.

JLens and 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’ shareholder advocacy focuses on combating antisemitism and hate, supporting Israel, and promoting the Jewish value of Tikkun Olam (repairing the world). This proxy season, JLens has run other campaigns calling on shareholders to reject anti-Israel shareholder proposals at General Dynamics, Lockheed Martin, and Intel.

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 as a data and proxy service provider, and subadvisor to investment vehicles with Meta holdings.

More at www.jlensnetwork.org.

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.

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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