Digital Age ESG – Corporate Governance Learnings from Two Crises

Covid-19 & Black Lives Matter show why companies have to dynamically govern from the front

To survive the pandemic and other tectonic shifts of the 2020s, there needs to be a radical rethink in governance practices, including the current structure of four to six board meetings a year, argues Di Rifai of Creating Future Us …

 

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Ethical investments are outperforming traditional funds

By: The Guardian Jun 13, 2020 Environmentalists cheered by huge improvements in air quality during the lockdown – and the collapse in coal power generation – have another reason to celebrate. Even the stock market has gone in their favour. A detailed number-crunching of environmentally sustainable funds has revealed that they have outperformed traditional funds across …

 

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Amazon Halts Police Use Of Its Facial Recognition Technology

By: NPR June 12, 2020 Amazon announced on Wednesday a one-year moratorium on police use of its facial-recognition technology, yielding to pressure from police-reform advocates and civil rights groups. It is unclear how many law enforcement agencies in the U.S. deploy Amazon’s artificial intelligence tool, but an official with the Washington County Sheriff’s Office in Oregon confirmed …

 

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Corporate kowtow to China’ lands HSBC in a deep political hole

By: The Guardian June 10, 2020 Now it gets serious for HSBC. It’s one thing to be accused, rightly, by pundits and even the odd shareholder, of “kowtowing to China” by supporting publicly the security crackdown law for Hong Kong. The stakes become higher when the US secretary of state, Mike Pompeo, makes the same …

 

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Zoom to exclude free calls from end-to-end encryption to allow FBI cooperation

By: The Guardian June 04, 2020 Zoom, the popular video conferencing platform, has announced it will provide end-to-end encryption after facing a litany of privacy and security concerns – but only to users who pay for it. Eric Yuan, the company’s CEO, raised alarm among privacy advocates on Wednesday by saying Zoom planned to exclude …

 

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Protests Renew Scrutiny of Tech’s Ties to Law Enforcement

By: Wired June 02, 2017 THE COLLECTIVE OUTRAGE over the murder of George Floyd has led to nationwide protests, renewed calls for police reform, and uncharacteristically swift support for racial equity from Silicon Valley leaders. The backlash has been swift as well. Critics are calling out many companies now pledging support for Black Lives Matter, accusing them of …

 

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Apple and Google will shut down coronavirus tracing app when pandemic ends, companies say

By: Fox News April 24, 2020 Apple and Google say they will shut down their coronavirus contact tracing app after the pandemic is under control, as the tech giants strive to address ongoing privacy concerns about the effort. The two Silicon Valley giants on Friday announced a series of adjustments in the effort that they’ve …

 

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