Amazon investors push for racial equity audit, worker on board
Saijel Kishan, Bloomberg News VIDEO SIGN OUT
An Amazon.com Inc. institutional investor is pushing the worldâs largest online retailer to conduct an audit on racism and diversity. Three other shareholders want Amazon to name a worker to its board.
The New York State Common Retirement Fund filed a shareholder resolution calling on the company to assess its impact on civil rights, racial equity, diversity and inclusion. The retirement fund suggested that Amazon solicit input from employees and civil-rights groups for the report and post it on the company website.
The Arctic National Wildlife Refuge (ANWR) may contain billions of barrels of oil. Rights to explore ANWR will shortly be offered for lease by the U.S. Interior Department. Twenty, ten, even five years ago, oil company interest would have been great. Today, however, a financially constrained industry one that confronts angry, environmentally concerned investors, capital deficiencies, boycotts from banks that once funded lavish exploration programs, and the possibility of rapidly falling consumption due to the global Covid-19 pandemic will likely take a pass. The oil industry is out of money. The window for developing ANWR has closed. The failed Trump administration’s last-minute efforts to auction off drilling rights there will be crushed by the world oil industry’s harsh reality.
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Falls Church, Virginia, Dec. 14, 2020 (GLOBE NEWSWIRE) Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced today that firmwide assets topped $1 billion earlier this month. We are grateful to God, our clients, and the larger community that has propelled us to greater heights, said Azzad President and CEO Bashar Qasem, CSAA. Azzad is an institution that belongs to the American Muslim community. We strive to help our clients become better stewards of their wealth and to use it in ways that are consistent with the aims and purposes of halal investing.
Founded by Qasem in 1997, Azzad follows guidelines issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The firm is audited on an annual basis to verify compliance with AAOIFI standards.