BlackRock CEO Larry Fink’s annual letters to investees and clients are hotly anticipated, including by shareholders seeking that the company use its proxy voting practices to be more supportive of climate change proposals.
Read moreBeta Activism: Benefit Corporations and External Cost Disclosure
For far too long, ESG activism has been defined by proposals designed to improve a company’s financial performance or reduce its risk profile. While “doing well by doing good” can create positive outcomes, it does not preserve systems under threat from profits achieved through externalized social and environmental costs.
Read moreFacebook's Encryption Plan Will Hide Online Child Sexual Exploitation
As the world’s largest social media company – and the largest source of reported child sex abuse online – Facebook’s actions have a major impact on global child safety. A resubmitted shareholder resolution seeks a report from Facebook that will assess the risk of increased child sexual exploitation that will occur if it implements a plan to offer end-to-end encryption on its platforms.
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