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Wasn't DEI being forced into corporate America by the government and by large funds like BlackRock and such?
by rapsey 2y ago
Wasn't DEI being forced into corporate America by the government and by large funds like BlackRock and such?
- khazhoux 2y agoNo one can speak on behalf of all corporate America, but I didn't see that to be the case at all in tech.
- zpeti 2y agoIt depends, yes ESG was pushing these agendas, but I’m not sure how much influence blackrock and vanguard have in the tech sector. Although it seems many in the tech sector agreed with ESG and implemented it anyway.
- tomschlick 2y agoBlackrock, Vanguard, and State Street collectively own almost 20% of MSFT shares so they probably had a very large influence. https://www.techopedia.com/largest-microsoft-shareholders https://www.techopedia.com/largest-microsoft-shareholders
- lupusreal 2y agoMaybe to an extent, but I'm pretty sure they willingly adopted the garb of this ideology because it aligned with a vocal portion of their workforce, so the ideology could be used as a substitute for financial compensation. Basically a free way to make workers happier without having to pay them more.
- pharos92 2y agoCorrect.