In opposing climate and diversity proposals, Warren Buffett risks looking out of step
The world’s most admired investor may take a different path to new issues than many
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The world’s most admired investor may take a different path to new issues than many
Executives across corporate America, from Silicon Valley to Wall Street, have begun to heed calls from investors to disclose more about their companies’ actions on climate change and workforce diversity. Warren Buffett isn’t among them. Berkshire Hathaway, the $630 billion conglomerate he runs, is opposing two shareholder proposals that ask its board to publish annual reports on how it is tackling environmental and diversity issues. Berkshire’s shareholders are expected to follow his lead and reject those initiatives at the company’s annual meeting Saturday — the second online it...
8 minute read Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan/File Photo Warren Buffett's Berkshire Hathaway Inc (BRKa.N) will hold its annual meeting on May 1 in Los Angeles. As in 2020, the meeting will be held virtually because of the COVID-19 pandemic. Vice Chairman Charlie Munger, a Californian who missed the 2020 meeting, held in Omaha, Nebraska, will rejoin Buffett on stage to answer 3-1...
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