Apple wields its lobbying might against LGBTQ laws(politico.com)
politico.com
Apple wields its lobbying might against LGBTQ laws
https://www.politico.com/news/2022/04/01/apple-lobbying-anti-lgbtq-laws-00022127
12 comments
Title is misleading. It is lobbying against Anti-LGBTQ laws
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.
This 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.
I agree, but both of these statements can be true.
So there’s this thing called ESG, which the SEC now enforces.
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
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.
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
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.
I don't understand how this relates to the article at hand. Do you care to elaborate?
Social activism drives investment decisions. It started with environmentalism, but now extends to many areas.
You shouldn't believe it. Corporations are where the money is.
Yeah I'm holding my breath if it actually gets any results but something is better than nothing
The mighty war over, among other things, kindergarten - third grade education. Hard to fathom from a distance, in East Asia.
equality(1)