The ‘Woke Inc' campaigners preparing to fight Trump's America [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
The president-elect said he had compiled a list of “woke companies” in February and threatened to publish it “for the world to see”. Railing against corporate “wokeness” has become a vote-winner in the US in the wake of a conservative backlash against excessive corporate diversity, equity and inclusion (DEI). But as the president-elect prepares for his second term in office with a mandate to reshape America, the champions of corporate do-goodery are not giving up without a fight. “We want companies to explain the rationale [for ditching their DEI policies],” says Meredith Benton, the founder of shareholder consultancy Whistle Stop Capital. “If it's ‘a fellow on Twitter might say something mean about us' then that's insufficient rationale.” Critics say DEI policies such as targets for ethnic and gender diversity among management can mean the best people don't get the jobs. Conservatives also argue that the sheer amount of money being directed towards such initiatives is bad
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- 10/14/24 - Beat
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- 1/3/25 - Form 424B2
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- 1/3/25 - Form 424B2
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