CEOs like Tim Cook comply with the controversial system which made Dylan Mulvaney the face of Bud Light under pressure from Larry Fink, say critics.
to fringe celebrities like transgender performer Dylan Mulvaney – sound wonky.
But American corporations are being strong-armed into policies that they don’t always agree with by influential non-profit activist groups acting in concert with powerful fund managers, according toThey name BlackRock, Vanguard and State Street Corp., which each own up to five percent of most major US companies, as the ones doing the strong-arming, which Ramaswamy called “a protection racket.”
recommending that they decline to adopt ESG agendas which involved racial equity and climate policies. He called the agendas a “farce” and said they would not benefit shareholders. Disney too, first balked at getting involved in the Gov. Ron De Santis “Don’t Say Gay” controversy in Florida but then went ahead and got on board to fight it.
Companies like Anheuser Busch or Jack Daniel’s – whose “small town, big pride” 2021 ad campaign featuring drag queens from “Ru Paul’s Drag Race,” is– brag about their high scores on their websites. Both have received scores of 100 in recent years.
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