We’ve Traded Climate Denial for Climate Hypocrisy

Today the rhetorical war has largely been won, but the outlook grows a lot more confusing when everyone agrees to agree.

#blackrock-inc, #carbon-dioxide, #corporate-social-responsibility, #global-warming, #greenhouse-gas-emissions, #internal-sub-only-nl, #united-nations-framework-convention-on-climate-change

How to Think About E.S.G. Investing in a Falling Market

Mr. Musk trashed E.S.G. investing. The S.E.C. is investigating Goldman Sachs’s move into the sector. In a falling market, what should investors consider?

#amy-domini, #content-type-service, #corporate-social-responsibility, #e-s-g, #personal-finances, #rachel-robasciotti, #stocks-and-bonds

Who Is Financing Trump’s ‘Big Lie’ Caucus? Corporations You Know.

The flow of corporate money to politicians who voted to overturn the 2020 election is helping fund a continuing attack on our democracy.

#biggs-andy-1958, #campaign-finance, #citizens-for-responsibility-and-ethics-in-washington, #corporate-social-responsibility, #democracy-theory-and-philosophy, #house-of-representatives, #house-select-committee-to-investigate-the-january-6th-attack, #presidential-election-of-2020, #senate, #storming-of-the-us-capitol-jan-2021, #toyota-motor-corp, #united-states, #united-states-politics-and-government

What Dominated the World Economic Forum

Our takeaways from Davos, plus how some influencers hype crypto without disclosing their financial ties.

#china, #coronavirus-2019-ncov, #corporate-social-responsibility, #europe, #florida, #georgia, #great-britain, #international-trade-and-world-market, #russian-invasion-of-ukraine-2022, #supply-chain, #united-states-economy, #xinjiang-china

How an Organized Republican Effort Punishes Companies for Climate Action

Legislators and their allies are running an aggressive campaign that uses public money and the law to pressure businesses they say are pushing “woke” causes.

#banking-and-financial-institutions, #blackrock-inc, #boycott-divestment-and-sanctions-bds, #colleges-and-universities, #corporate-social-responsibility, #environment, #fink-laurence-d, #global-warming, #greenhouse-gas-emissions, #law-and-legislation, #oil-petroleum-and-gasoline, #pensions-and-retirement-plans, #republican-party, #states-us, #united-states-economy, #united-states-politics-and-government

Progressives Can’t Stop Republican Censorship

The right’s political strength matters more.

#conservatism-us-politics, #conservative-political-action-conference, #corporate-social-responsibility, #freedom-of-speech-and-expression, #hungary, #orban-viktor, #politics-and-government, #republican-party, #right-wing-extremism-and-alt-right

Tesla’s Aura Dims as Its Plunging Stock Highlights the Risks It Faces

Production problems in China and Elon Musk’s pursuit of Twitter are leading investors to wonder whether the electric car company is worth as much as they thought.

#batteries, #corporate-social-responsibility, #discrimination, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #mergers-acquisitions-and-divestitures, #musk-elon, #san-francisco-bay-area-calif, #shanghai-china, #social-media, #stocks-and-bonds, #twitter, #united-states

Spot the greenwashing

Corporate climate pledges are everywhere. Some are solid, others definitely are not.

#carbon-caps-and-emissions-trading-programs, #corporate-social-responsibility, #global-warming, #greenhouse-gas-emissions, #greenwashing, #internal-storyline-no, #internal-sub-only-nl

Corporate America Doesn’t Want to Talk Abortion, but It May Have To

In a deeply divided nation, public statements on Roe v. Wade can affect everything from recruiting to a company’s bottom line. So far, that has kept almost everyone quiet.

#abortion, #amalgamated-bank, #corporate-social-responsibility, #dubey-shar, #employee-fringe-benefits, #labor-and-jobs, #levi-straussco, #meta-platforms-inc, #roe-v-wade-supreme-court-decision, #sandberg-sheryl-k, #womens-rights, #yelp

Obama Calls for More Oversight of Social Media in Speech at Stanford

Tech companies’ power has “turbocharged” political division and requires government scrutiny, the former president said in a speech at Stanford University.

#alphabet-inc, #computers-and-the-internet, #corporate-social-responsibility, #google-inc, #obama-barack, #palo-alto-calif, #politics-and-government, #project-democracy, #regulation-and-deregulation-of-industry, #rumors-and-misinformation, #social-media, #speeches-and-statements, #stanford-university, #tiktok-bytedance, #youtube-com

Is Investing in Defense Contractors Actually Immoral?

Without the help of weapons from companies like Lockheed Martin, all of Ukraine might have been conquered by now.

#corporate-social-responsibility, #defense-and-military-forces, #internal-sub-only-nl, #russian-invasion-of-ukraine-2022, #war-and-armed-conflicts

Jennifer Sey Was a Candidate to Lead Levi’s. Then She Started Tweeting.

Jennifer Sey left Levi’s after her advocacy against school closures and mask mandates for children gained attention. She says it’s a matter of free speech. The company disagrees.

#appointments-and-executive-changes, #bergh-charles-v, #california, #coronavirus-reopenings, #corporate-social-responsibility, #fox-broadcasting-co, #jeans-apparel, #levi-straussco, #san-francisco-calif, #sey-jennifer, #shutdowns-institutional, #social-media

Disney Employees Walk Out Amid Furor Over Florida Anti-LGBTQ Bill

Hoping to avoid controversy, the company initially shied away from taking a public stance on the anti-L.G.B.T.Q. bill. Now, an internal outcry has stretched into its third week.

#chapek-robert-a, #corporate-social-responsibility, #desantis-ron, #florida, #law-and-legislation, #morrell-geoff, #walt-disney-company

Can Travel Be a Force for Peace? This Tour Leader Thinks So.

‘We tend to think of travel in terms of distance, but I think travel is really a lifestyle, a state of mind,’ says Aziz Abu Sarah of Mejdi Tours, which explores both sides of longstanding conflicts in places like Belfast and Jerusalem.

#abu-sarah-aziz, #content-type-personal-profile, #corporate-social-responsibility, #mejdi-tours-mejdi-llc, #tour-companies, #travel-and-vacations

Disney Can’t Hide From Politics

Companies may need to accept that they have become part of the political process, whether they like it or not.

#chapek-robert-a, #corporate-social-responsibility, #florida, #homosexuality-and-bisexuality, #internal-sub-only-nl, #walt-disney-company

Microsoft’s Pursuit of Climate Goals Runs Into Headwinds

The company aims to be “carbon negative” by the end of the decade, but its emissions rose sharply in the most recent year measured.

#conservation-of-resources, #corporate-social-responsibility, #data-centers, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #microsoft-corp, #sustainable-living

C.E.O.s Are Going Out of Their Way to Punish Russia

Companies used to be more wary of political involvement.

#corporate-social-responsibility, #embargoes-and-sanctions, #internal-sub-only-nl, #russian-invasion-of-ukraine-2022

Russia’s War Prompts a Pitch for ‘Socially Responsible’ Military Stocks

Bombs, guns and fighter jets aren’t typical E.S.G. investments, but two Citi analysts say they should be. Advocates for “socially responsible” investing call the idea “absurd.”

#arms-trade, #content-type-service, #corporate-social-responsibility, #defense-and-military-forces, #raytheon-company, #russian-invasion-of-ukraine-2022, #stocks-and-bonds

How Stacey Abrams Thinks About Business

In a new book, the candidate for Georgia governor delves into lessons she learned as a business owner. She says they’ve been useful for politics, too.

#abrams-stacey-y, #corporate-social-responsibility, #small-business

Top Estée Lauder Executive Forced Out for Racist Instagram Post

John Demsey, an executive vice president, was a powerful figure at the company, which has been scrutinized for its diversity efforts.

#corporate-social-responsibility, #demsey-john-d, #discrimination, #estee-lauder-companies-inc

Bringing Health Food to the Masses, One Delivery at a Time

Thrive Market has found success with a subscription model and eco-friendly, health-conscious brands. It’s a diet familiar to the C.E.O., Nick Green.

#content-type-personal-profile, #coronavirus-2019-ncov, #corporate-social-responsibility, #diet-and-nutrition, #e-commerce, #executives-and-management-theory, #food, #green-nicholas-r, #shopping-and-retail, #snack-foods, #thrive-market-inc

Big Business Will Not Save Us From Itself

There is no way to bypass the arduous, contentious work of building a politics that can sustain a better democracy. 

#blackrock-inc, #business-roundtable, #corporate-social-responsibility, #fink-laurence-d, #global-warming, #great-depression-1930s, #income-inequality, #labor-and-jobs, #manchin-joe-iii, #organized-labor, #senate, #sinema-kyrsten, #strikes, #united-states, #united-states-chamber-of-commerce, #united-states-economy, #wages-and-salaries

Facebook Is Not Ready for the 2022 Election Wave

Facebook has taken steps to combat electoral interference in the U.S. It needs to do the same in other countries. 

#corporate-social-responsibility, #elections, #facebook-inc, #freedom-of-speech-and-expression, #rumors-and-misinformation

Documentary Critical of Disney, From the Disney Family

A harsh portrait of pay inequality at the company, premiering at Sundance on Monday, was directed by the granddaughter of one of the founders.

#corporate-social-responsibility, #disneyland-anaheim-calif, #iger-robert-a, #income-inequality, #movies, #patriotic-millionaires, #sundance-film-festival-park-city-utah, #wages-and-salaries, #walt-disney-company

Larry Fink’s Letter to CEOs Says Stakeholder Capitalism Is Not ‘Woke’

Larry Fink’s latest annual letter to corporate America clarifies, and defends, his approach to social and environmental issues at the world’s largest money manager.

#blackrock-inc, #corporate-social-responsibility, #fink-laurence-d

Millions Have Lost a Step Into the Middle Class, Researchers Say

The new figure points to the challenge for the majority of Americans who do not have a four-year college degree.

#accenture-ltd, #computers-and-the-internet, #corporate-social-responsibility, #hiring-and-promotion, #labor-and-jobs, #minorities, #nonprofit-organizations, #opportunitywork, #shortages, #vocational-training, #wages-and-salaries

‘Davos Man,’ Marc Benioff and the Covid Pandemic

They stepped up in the pandemic “to save the world,” says Marc Benioff of Salesforce. Even as their tax practices and perches kept them above its troubles.

#benioff-marc, #content-type-personal-profile, #corporate-social-responsibility, #corporate-taxes, #davos-switzerland, #high-net-worth-individuals, #income-inequality, #philanthropy, #san-francisco-calif, #tax-shelters, #world-economic-forum

New York Could Make History With a Fashion Sustainability Act

The state would be the first to pass legislation setting broad sustainability regulations for the industry.

#corporate-social-responsibility, #factories-and-manufacturing, #fashion-and-apparel, #law-and-legislation, #new-york-state, #politics-and-government, #regulation-and-deregulation-of-industry, #your-feed-fashion

Corporate Board Diversity Increased in 2021. Some Ask What Took So Long.

Some executives say corporate boards have often overlooked qualified women and nonwhite people. That may be changing.

#appointments-and-executive-changes, #black-people, #boards-of-directors, #corporate-social-responsibility, #corporations, #hispanic-americans, #minorities, #race-and-ethnicity, #women-and-girls

The Metaverse’s Dark Side: Here Come Harassment and Assaults

As Meta and other companies bet big on an immersive digital world, questions about its harms are rising.

#children-and-childhood, #computers-and-the-internet, #corporate-social-responsibility, #cyberharassment, #facebook-inc, #innovation, #meta-platforms-inc, #oculus-vr-inc, #sexual-harassment, #social-media, #virtual-reality-computers, #women-and-girls, #zuckerberg-mark-e

How Twitter Can Fix Itself After Jack Dorsey’s Resignation

Twitter’s new leadership faces some tough choices.

#agrawal-parag, #computers-and-the-internet, #corporate-social-responsibility, #dorsey-jack, #rumors-and-misinformation, #social-media, #twitter

What Should I Do With My Big Fat Inheritance?

The magazine’s Ethicist columnist on the burdens of philanthropy — and more.

#corporate-social-responsibility, #ethics-personal, #philanthropy

Facebook Plans to Shut Down Its Facial Recognition System

Saying it wants “to find the right balance” with the technology, the social network will delete the face scan data of more than one billion users.

#computer-vision, #computers-and-the-internet, #corporate-social-responsibility, #data-mining-and-database-marketing, #facebook-inc, #facial-recognition-software, #meta-platforms-inc, #privacy, #social-media, #software

Will the SEC Add to Facebook’s Woes?

One of the most pressing questions is whether the Securities and Exchange Commission will significantly add to the company’s woes.

#corporate-social-responsibility, #dodd-frank-wall-street-reform-and-consumer-protection-act-2010, #facebook-papers, #haugen-frances, #regulation-and-deregulation-of-industry, #securities-and-commodities-violations, #securities-and-exchange-commission, #social-media, #whistle-blowers, #zuckerberg-mark-e

Facebook Debates What to Do With Its Like and Share Buttons

Likes and shares made the social media site what it is. Now, company documents show, it’s struggling to deal with their effects.

#anxiety-and-stress, #computers-and-the-internet, #conspiracy-theories, #corporate-social-responsibility, #facebook-inc, #friendship, #hate-speech, #haugen-frances, #instagram-inc, #mobile-applications, #online-advertising, #research, #rumors-and-misinformation, #social-media, #whistle-blowers, #zuckerberg-mark-e

Facebook Employees Warned About Election Misinformation, to Little Effect

Company documents show that the social network’s employees repeatedly raised red flags about the spread of misinformation and conspiracies before and after the contested November vote.

#computers-and-the-internet, #conspiracy-theories, #corporate-social-responsibility, #facebook-inc, #fringe-groups-and-movements, #haugen-frances, #political-advertising, #presidential-election-of-2020, #qanon, #research, #right-wing-extremism-and-alt-right, #rumors-and-misinformation, #social-media, #storming-of-the-us-capitol-jan-2021, #voter-fraud-election-fraud, #zuckerberg-mark-e

Instagram Struggles With Fears of Losing Its ‘Pipeline’: Young Users

The app, hailed as Facebook’s growth engine, has privately wrestled with retaining and engaging teenagers, according to internal documents.

#advertising-and-marketing, #children-and-childhood, #computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #instagram-inc, #mobile-applications, #mosseri-adam, #online-advertising, #snap-inc, #social-media, #teenagers-and-adolescence, #tiktok-bytedance, #youth, #zuckerberg-mark-e

Plant-Based Food Companies Face Critics: Environmental Advocates

Some analysts say they cannot determine if plant-based foods are more sustainable than meat because the companies are not transparent about their emissions.

#beyond-meat-inc, #brown-patrick-o-1954, #corporate-social-responsibility, #food, #global-warming, #greenhouse-gas-emissions, #impossible-foods-inc, #meat

LinkedIn to End Service in China, Citing ‘Challenging’ Environment

The Microsoft-owned service had censored posts in China, in compliance with the country’s laws, to operate there.

#china, #computers-and-the-internet, #corporate-social-responsibility, #linkedin-corporation, #microsoft-corp, #politics-and-government, #social-media

Facebook Whistleblower Fallout Prompts a Push to Calm Employees

Employees are divided over Frances Haugen, a former product manager who testified that the company was putting profit before safety.

#computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #haugen-frances, #instagram-inc, #labor-and-jobs, #social-media, #whistle-blowers, #zuckerberg-mark-e

Whistle-Blower Says Facebook ‘Chooses Profits Over Safety’

Frances Haugen, a former Facebook product manager, revealed that she had provided internal company documents to journalists and others.

#antitrust-laws-and-competition-issues, #computers-and-the-internet, #corporate-social-responsibility, #data-mining-and-database-marketing, #letters, #mobile-applications, #politics-and-government, #social-media

Facebook Struggles to Quell Uproar Over Instagram’s Effect on Teens

The social network has been all hands on deck as it grapples with revelations that it knew the harmful effects its Instagram photo-sharing app was having on teenagers.

#children-and-childhood, #computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #instagram-inc, #mobile-applications, #mosseri-adam, #research, #sandberg-sheryl-k, #social-media, #teenagers-and-adolescence, #united-states-politics-and-government, #wall-street-journal, #whistle-blowers, #zuckerberg-mark-e

We Know What Facebook Knew, and When It Knew It. Now What?

A damning expose depicts a company with all the information it needs to fix the egregious oversights and mistakes of the past.

#computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #mental-health-and-disorders, #social-media, #united-states, #wall-street-journal

Facebook Downplays Internal Research Released on Eve of Hearing

The social network published its findings about Instagram’s effect on young users, as senators prepared to question an executive on Thursday.

#computers-and-the-internet, #corporate-social-responsibility, #depression-mental, #facebook-inc, #house-of-representatives, #instagram-inc, #mental-health-and-disorders, #research, #senate, #social-media, #teenagers-and-adolescence

Inside Facebook’s Push to Defend Its Image

Mark Zuckerberg, the chief executive, has signed off on an effort to show users pro-Facebook stories and to distance himself from scandals.

#computers-and-the-internet, #corporate-social-responsibility, #crowdtangle-inc, #data-mining-and-database-marketing, #facebook-inc, #innovation, #new-york-university, #online-advertising, #research, #rumors-and-misinformation, #sandberg-sheryl-k, #social-media, #storming-of-the-us-capitol-jan-2021, #zuckerberg-mark-e

In Silicon Valley, Criminal Prosecutors See No Evil

The Elizabeth Holmes fraud trial is set to be a major spectacle, but tech executives generally get a pass when it comes to wrongdoing.

#computers-and-the-internet, #corporate-social-responsibility, #enterprise-computing, #entrepreneurship, #frauds-and-swindling, #holmes-elizabeth-1984, #start-ups, #tests-medical, #theranos-inc, #united-states-attorneys

Companies Stay Quiet on Texas’ New Abortion Law

Businesses that expressed opposition to restrictive voting laws are declining to take a similar stand on the abortion measure.

#abortion, #bumble-trading-inc, #corporate-social-responsibility, #hewlett-packard-enterprise-company, #lyft-inc, #match-group-inc, #politics-and-government, #texas, #uber-technologies-inc, #voting-rights-registration-and-requirements, #womens-rights

Sphere raises $2M to help employees lobby for Green 401(k) plans

In the United States, a 401(k) plan is an employer-sponsored defined-contribution pension account. However, with legacy institutional investing, most of these have at least some level of fossil fuel involvement and let’s face it, very few of us really know. Now a startup plans to change that.

California-based startup Sphere wants to get employees to ask their employers for investment options that are not invested in fossil fuels. To do that it’s offering financial products that make it easier – it says – for employers to offer fossil-free investment options in their 401(k) plans. This could be quite a big movement. Sphere says there are over $35 trillion in assets in retirement savings in the US as of Q1 2021.

It’s now raised a $2M funding round led by climatetech-focused VC Pale Blue Dot led the investment round. Also participating were climate-focused investors including Sundeep Ahuja of Climate Capital. Sphere is also a registered ‘Public Benefit Corporation’ allowing it to campaign in public about climate change.

Alex Wright-Gladstein, CEO and founder of Sphere said: “We are proud to be partnering with Pale Blue Dot on our mission to reverse climate change by making our money talk. Heidi, Hampus, and Joel have the experience and drive to help us make big changes on the short 7 year time scale that we have to limit warming to 1.5°C.” Wright-Gladstein has also teamed up with sustainable investing veteran Jason Britton of Reflection Asset Management and BITA custom indexes.

Wright-Gladstein said she learned the difficulty of offering fossil-free options in 401(k) plans when running her previous startup, Ayar Labs. She tried to offer a fossil-free option for employees, but found out it took would take three years to get a single fossil-free option in the plan.

Heidi Lindvall, General Partner at Pale Blue Dot said: “We are big believers in Sphere’s unique approach of raising awareness through a social movement while offering a range of low-cost products that address the structural issues in fossil-free 401(k) investing.”

#articles, #ayar-labs, #california, #ceo, #climate-change, #corporate-social-responsibility, #economy, #entrepreneurship, #europe, #general-partner, #heidi-lindvall, #pale-blue-dot, #private-equity, #sphere, #startup-company, #tc, #united-states

The Cheap & Easy Sanctimony of Ben & Jerry

The godfathers of “Woke Inc.” stumble in the Middle East. 

#benjerrys-homemade-inc, #boycotts, #corporate-social-responsibility, #human-rights-and-human-rights-violations, #ice-cream-and-frozen-desserts, #israel, #israeli-settlements, #palestinians, #unilever-nv

Ben & Jerry’s Founders on the Company’s Israel Policy

We support the company’s decision to end the sale of its ice cream in the occupied Palestinian territories.

#benjerrys-homemade-inc, #corporate-social-responsibility, #israel, #palestinians