3 Questions: Shundrawn Thomas on breaking the silence
Author: InvestmentNews
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Goldman executive has advice for his white colleagues
How about supporting diverse associates and minority-owned businesses?
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Financial planners will find an open lane when focusing on client values
If the protesting and unrest following George Floyd’s tragic death taught us anything it is that people are passionately driven by emotions and personal values. And, in the broadest sense, that kind of overt human sentiment should be recognized and acknowledged as a message to the financial planning community that most people’s priorities, even when…
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Nationwide protests over race highlight hurdles faced by non-white advisers
Financial planners are bracing for the economic pain clients will experience due to the nationwide protesting and looting sparked by the fatal arrest of George Floyd in Minneapolis last week. As the nation is still in the midst of the coronavirus pandemic and a receding economy, some advisers’ clients are getting hit even harder, specifically,…
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Ending racism in America is a responsibility of corporations
Ending racism in America is a responsibility of corporations, and corporations must recognize that their current efforts to promote their core values, and their diversity and inclusion programs, fall far short of what is needed today. What good is it to live in a prosperous country when our police forces routinely kill black people? It…
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Don’t conflate diversity and ESG
Societal issues remain at the fore of the American mindset right now. And when emotions reach the heights that they have, it becomes common – and risky – to conflate issues that are similar but not the same. In that vein, I want to address a topic that I consider enormously important for understanding the…
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ESG Podcast blog
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BlackRock learns it ain’t always easy being green
This article was originally published Feb. 15, 2020 and has been updated to reflect new developments in the ESG industry. After being celebrated for apparently trying to set the tone among financial services companies in embracing a corporate ESG mindset, BlackRock is realizing the flipside of being the center of attention. Recent reports show the…
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Labor Department says ESG investments aren’t always `prudent’
The Trump administration unveiled guidance aimed at the burgeoning socially responsible investment industry that left some investors scratching their heads. The Department of Labor, which oversees retirement-plan funds, published guidelines Monday that said investments based on environmental, social and governance issues aren’t always a “prudent choice” and that such factors shouldn’t “too readily” be considered…
