News
“With the pandemic casting a harsh spotlight on social problems such as income and racial inequality, large institutional investors have kicked off a flurry of shareholder engagement campaigns designed to push companies to look out for their workers and communities. While these efforts may be noble (and may even achieve some positive results), they fail […]
Read More… from Financial Times Moral Money: Coca-Cola and Delta step into the political fray
[…] ““ESG and impact investing frameworks focus on issues at the portfolio company level, but they do not take into account potential negative impacts from capital structures and investors’ influence in shaping them,” write Delilah Rothenberg, Raphaele Chappe and Amanda Feldman of the Predistribution Initiative, a multi-stakeholder initiative to improve financial structures.” […]
As a co-convener of the Imperative 21 Systemic & Structural Changes to Finance Coalition, we invite you to join us in co-creating a better capitalism that serves all stakeholders. Click here for more info. […]
Inspired by the successful uptake of the Task Force on Climate-related Financial Disclosures (TCFD), civil society, investor, and business organizations, thought leaders, academics and other stakeholders from the Global North and Global South are collaborating to launch a Task Force on Inequality-related Financial Disclosures (TIFD). TIFD aims to improve transparency on corporate and investor contributions […]
“Responding to growing global agitation over the effects of concentrated wealth, the Open Society Foundations announced today that 16 fellows will take part in a collaborative effort to combat economic inequality. The cohort includes experts working on building labor’s power in the digital economy, a musician-activist uplifting the voices of marginalized communities, a lawyer examining […]
[…] “One of the questioners, Delilah Rothenberg, has just launched a project called the “Predistribution Initiative” that aims to convince asset owners to rein in investment managers’ remuneration and give back more of their profits to workers.” […]
Read More… from Financial Times Moral Money: Thunberg thunder, pick ’n’ mix ESG, green frontiers