These are the areas where LGBTQ workers feel their employers fall short
(The Business Journals) Rainbow logos abound in June to honor Pride Month, but recently released data indicate LGBTQ+ employees are less satisfied at work than their colleagues.
Read MoreTech companies made big pledges to fight racism last year — here’s how they’re doing so far
(CNBC) Last June, social media feeds became flooded with corporate statements about how companies would promote racial equity within and beyond their workforce. The commitments came after the police murder of George Floyd sparked protests around the country.
Read MoreSEC Ousts Head of Top Audit Regulator Amid Warren Pressure
(Bloomberg) The SEC announced the removal of Public Company Accounting Oversight Board Chairman William Duhnke.
Read MoreOpinion: The ‘Mean Greens’ Are Forcing Exxon to Clean Up Its Act
(New York Times) Since the 1990s, the wisest oil-producing countries and companies have regularly reminded themselves of the oil patch adage that the Stone Age did not end because we ran out of stones; it ended because we invented bronze tools.
Read MoreA Glimpse of a Future With True Shareholder Democracy
(The New York Times) Under current rules, it is the index fund executives, not the millions of people who invest in them, who have the power to cast proxy votes. Those votes are the heart of a system intended to give investors a voice on crucial matters like how much the chief executive is paid…
Read MoreESG issues challenge the IPO of UK delivery giant
(Responsible Investor) Deliveroo: The worst IPO in history, with a side-order of ESG investor boycott. The Gig Economy is under scrutiny for legal and governance sustainability risks.
Read MoreWho Audits the Auditor?: Shaping Legal Accountability Strategies to Redress Social Audit Failings
(Business & Human Rights Resource Centre) Current due diligence efforts by companies have not been enough to prevent labour exploitation. One reason is that companies overly rely on social audits1 to identify labour abuse in their supply chains, despite well-documented shortcomings. For example, social audits only provide a periodic snapshot of a situation, rely on…
Read MoreOpinion | The $15 Minimum Wage Isn’t the Only Way to Raise Worker Pay
(Politico) To the disappointment of many on the left, President Joe Biden’s Covid-19 relief package did not include an increase in the federal minimum wage, dimming the prospect of setting a national wage floor at $15. But there is another step the administration can take to push companies to pay more: disclosure. Read more here.
Read MoreGoogle told its scientists to ‘strike a positive tone’ in AI research – documents
(Reuters) Alphabet Inc’s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and in at least three cases requested authors refrain from casting its technology in a negative light, according to internal communications and interviews with researchers involved in the work. Read more here.
Read MoreInterview: Albert Wenger (Union Square Ventures)
(ClimateTech VC) This week we sat down with Albert Wenger, managing partner at Union Square Ventures, who Zoomed in from his “farm of the future” in Hudson Valley, Wally Farms. USV invests thematically across big fund theses like “large networks” and “decentralized data.” Recently, they’ve started to develop an adjacent thesis on climate change’s potential…
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