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Firms face mounting pressure to respond to last week’s violence at the Capitol.

Save this story for later. Subscribers to The Climate Crisis newsletter received this piece in their in-boxes. Sign up to receive future installments. The year is coming to an end, and all eyes are trained on D.C., as Joe Biden prepares to helm a venerable enterprise with a four-trillion-dollar budget. On the climate front, Biden’s team, which he announced last week, with Gina McCarthy, Deb Haaland, Jennifer Granholm, and John Kerry at the forefront, seems highly credible—a hundred-and-eighty-degree shift from the coterie of coal lobbyists and oil-industry operatives that have decor...

What kind of climate influence will BlackRock bring to the Biden administration?

BlackRock/Vanguard defend voting records on racial equity Two of the world’s largest fund managers have been accused of undermining their public statements in support of racial justice by allegedly voting against shareholder efforts for racial equity. A report produced the US-based Service Employees International Union (SEIU) and Majority Action states that both BlackRock and Vanguard voted for boards with no black directors and voted against shareholder efforts for racial equity. The report - ‘Equity in the Boardroom: How Asset Manager Voting Shaped Corporate Action on Racial Justice in ...

U.S. President Fiddles with Racism While Massive, Months-Long Cyberattack Burns Businesses Dec 16, 2020 Corporate leaders who have been dithering about whether or not to rebuke President Trump on racism have just been served with a new, bottom-line justification for raising their voices. Over his final months in office, President Trump has enlisted the powerful resources of this office to wage a racially charged fight against the results of the 2020 U.S. general election, leaving the U.S. leaderless as a massive cyberattack struck federal agencies and businesses, too. U.S. business leaders si...