Investor groups ponder further action on racial inequality
A number of socially responsible investors across America are in active discussions about how they can further support the movement to address racial inequality, in light of recent protests around the world.
Investors interviewed for this article pointed to three main areas where engagement and proposal-filing activity has been channeled in the past: improving corporate diversity and inclusion programs and reporting, addressing concerns with government or police contractors and addressing the private prison system in America.
The Interfaith Center on Corporate Responsibility (ICCR) – a coalition of more than 300 global institutional investors representing more than $500 bn in assets under management – is currently working with a small group of its members on a formal position on racial equality. Read Full Article - IR Magazine, June 10, 2020