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I don't understand from the website this bit which is about the "Long-Term Stakeholder Policy". What was the motivation for adding specific fields to this polic
by calvinmorrison 6y ago
I don't understand from the website this bit which is about the "Long-Term Stakeholder Policy". What was the motivation for adding specific fields to this policy regarding diversity, the environment, and employee retention strategies? are these just examples?
- The company’s impact on the environment and its community
- The company’s approach to diversity and inclusion
- The company’s approach to investing in its employees
- eries 6y agoWe wanted to make it explicit that these issues must be addressed in the stakeholder policy. Mostly we did this to create clarity for the regulators as to where such disclosures will live. This language mirrors other SEC-approved rules, but with stronger disclosure requirements here It’s not meant to be an exhaustive list
- vertbhrtn 6y agoIt's a gov policy, really: companies get special status, i.e. smaller taxes, if such and such criteria are met.