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If you told me ten years ago that Giant corporations would be fighting to protect individual liberties I wouldn't believe it but here we are.
by koshergweilo 5y ago
If you told me ten years ago that Giant corporations would be fighting to protect individual liberties I wouldn't believe it but here we are.
- bequanna 5y agoThis is simple virtue signaling meant to soften Apple’s image and remind you what a hip, cool company they are. They consider it part of their marketing budget.
- koshergweilo 5y agoI agree, but both of these statements can be true.
- golgappi 5y agoYou shouldn't believe it. Corporations are where the money is.
- koshergweilo 5y agoYeah I'm holding my breath if it actually gets any results but something is better than nothing
- jl2718 5y agoSo there’s this thing called ESG, which the SEC now enforces. https://www.sec.gov/news/press-release/2021-42 https://www.sec.gov/news/press-release/2021-42 It’s taking over Wall St because there was a ruling saying that ESG is now a primary criteria for the well-being of plan participants, instead of just profit. https://public-inspection.federalregister.gov/2021-22263.pdf https://public-inspection.federalregister.gov/2021-22263.pdf So naturally the investment industry sees the fees for ESG active management as an escape from low-fee index funds. So there’s a lot of money pouring into ESG, and the corporations all fight for allocations with the fund managers.
- koshergweilo 5y agoI don't understand how this relates to the article at hand. Do you care to elaborate?
- jl2718 5y agoSocial activism drives investment decisions. It started with environmentalism, but now extends to many areas.