Posts tagged workplace equity
From Berkshire Hathaway to Silicon Valley, little to show for diversity pledges, critics say

The conglomerate run by famed investor Warren Buffett is opposing a shareholder proposal calling on its board to publish an annual report detailing its diversity and inclusion efforts. Proposed by the shareholder advocacy group As You Sow on behalf of Handlery Hotels, it contends that more diverse workplaces are more profitable, more likely to outperform against competitors and have higher stock returns. Read More →

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Racial justice scorecard says waste companies fall short on providing detailed workplace equity metrics

Following the police killing of George Floyd in May 2020, many companies released statements supporting the Black community or calling for action to fight systemic racism. The As You Sow scorecard aims to measure whether these companies are actively working to “ensure that the statements of support for racial justice are translated into concrete actions that truly promote equity,” As You Sow stated in its announcement of the scorecard. Read More →

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Companies declared ‘Black lives matter’ last year, and now they’re being asked to prove it

“I think we’re going to see much broader investor support [for these resolutions]” said Meredith Benton, a consultant with As You Sow and a principal at Whistle Stop Capital. “Two years ago, there was confusion about whether all this was a material issue, and that confusion is gone.” Read More →

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Scorecards help investors track S&P 500 efforts on racial justice, workplace equity

"It's wonderful to see corporate commitments to racial justice and fair workplaces," said As You Sow's workplace equity initiative manager Meredith Benton, a principal with Whistle Stop Capital, who consults with asset owners and advisers to increase ESG investments. "Companies have done a lot of telling and very little showing of how they treat their employees," Ms. Benton said in the release. Read More →

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We are learning more about diversity at tech companies, but it isn’t good news

Facing pressure for the past decade, tech companies have exhibited more willingness than other corporate sectors to reveal diversity statistics. As You Sow, a Berkeley, Calif.-based shareholder advocacy group, recently ranked companies based on the amount of diversity, pay and other information they release, the effectiveness of their recruitment and retention efforts and the goals they have set. Read More →

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