Arjuna Capital
@arjunacapital
Enlightened Investing
ID: 2420589794
http://www.arjuna-capital.com 31-03-2014 14:04:47
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#EqualPayDay is tomorrow! Arjuna Capital & Proxy Impact are releasing the "2021 Racial/Gender Pay Scorecard" today. (arjuna-capital.com/news/racial-an…) Despite #MeToo & #BLM pressures for action, top US companies still have a long way to go. This thread breaks down the key findings >> 1/
2/ Of 51 companies examined in the “Racial and Gender Pay Scorecard” released today to mark Equal Pay Day, fewer than one in 10 -- Mastercard, Starbucks, Pfizer Inc., Citi, and BNYMELLON – get an “A." Arjuna Capital Proxy Impact
3/ Over half of the companies graded in the "Racial and Gender Pay Scorecard" get an "F" -- including such well-known companies as Goldman Sachs, Colgate Smile, AT&T, McDonald's, Walmart and Verizon. Arjuna Capital Proxy Impact #EqualPayDay
4/ Nine companies lost ground in the 2021 "Racial and Gender Pay Scorecard," including Amazon, Wells Fargo, Intel, Google, Microsoft, Verizon, Expedia and Starbucks. Arjuna Capital Proxy Impact #EqualPayDay
5/ There is a noticeable difference by sector. For example, while two-thirds of financial companies improved their 2021 "Racial and Gender Pay Scorecard" scores from last year, only one-third of tech companies achieved such progress. Arjuna Capital Proxy Impact #EqualPayDay
6/ Women in the US make 82¢ on the $ v. men. Compared to whites, African American women make 62¢, Native women 60¢ & Latina women 54¢. Black workers make 75.6¢ v. whites. Black men make 87¢ v. white men, while Hispanic men make 91¢. Arjuna Capital Proxy Impact #EqualPayDay
7/ Natasha Lamb, Arjuna Capital, said: “... despite a wave of corporate statements expressing solidarity with Black Americans and women, there are very few standout companies that actually provide an honest accounting of and commitment to closing racial and gender pay gaps.”
8/ Michael Passoff, Proxy Impact , said: “The global Coronavirus pandemic has only exacerbated racial and gender pay gaps and underlined the need for action.” #equalpayday
9/ Arjuna Capital is an investor champion of workplace concerns for minorities & women. Since 2016, Arjuna has compelled gender pay gap disclosures at 22 companies, & racial pay gap disclosures at 17 companies, including leading U.S. tech, finance, & retail firms. #EqualPayDay
10/ Citigroup estimates that closing U.S. minority and gender wage gaps 20 years ago could have generated 12 trillion dollars in additional national income and contributed 0.15 percent to United States GDP per year. Arjuna Capital Proxy Impact #equalpayday
It's #EqualPayDay! Do you know how the companies you patronize and invest in do when it comes to racial and gender pay? Read coverage of the new Arjuna Capital/Proxy Impact pay scorecard here >> americanbanker.com/news/citi-bny-…. For full report go to >> arjuna-capital.com/wp-content/upl…
We've been ringing the bell on @Facebook for 5 years. Natasha Lamb discussed the fallout from the #whistleblower interview & FB's corp structure, its mission, recent outage on BloombergTech with Emily Chang #ESG #ShareholderActivist #responsibleinvesting bloomberg.com/news/videos/20…
78% of @microsoft shareholders voted FOR Arjuna Capital's proposal to transparently investigate sexual harassment claims, signaling how shareholders are becoming more engaged on matters of #workplaceculture. Natasha Lamb #sexualharassment #shareholderactivism on.wsj.com/3pfF8GN
For her outlook on $FB, we're joined by Arjuna Capital Managing Partner Natasha Lamb 🌐 "We do think it's a really important, valuable asset under the right stewardship, and it plays an important role in our society."
Sustainable investing advisor Arjuna Capital's Natasha Lamb on Elon Musk $TWTR bid and his recent tweets: "You know unfortunately right now I feel like Musk is like a cat playing with a ball of string."