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from afr"the tilt towards greenwashing and the rise and rise of benchmarks and performance scores that are often not as quantitative as they appear, is now being matched by a sharp and sudden pullback in the US, where a score of big companies (including Amazon, Meta Platforms, McDonald’s, Boeing and Walmart) have ditched DEI policies or ESG initiatives (including JPMorgan, Citigroup, Bank of America, Goldman Sachs and Blackrock).""The running joke of one fund manager is particularly telling: most big [] companies have a sustainability committee and a people and culture committee, but no one seems to have a profitability committee."
from afr
"the tilt towards greenwashing and the rise and rise of benchmarks and performance scores that are often not as quantitative as they appear, is now being matched by a sharp and sudden pullback in the US, where a score of big companies (including Amazon, Meta Platforms, McDonald’s, Boeing and Walmart) have ditched DEI policies or ESG initiatives (including JPMorgan, Citigroup, Bank of America, Goldman Sachs and Blackrock)."
"The running joke of one fund manager is particularly telling: most big [] companies have a sustainability committee and a people and culture committee, but no one seems to have a profitability committee."
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