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How an investor helped Netflix disclose its ESG performance

How an investor helped Netflix disclose its ESG performance Sachin Nagarajan  |  29 Jul 2021Text size      Lily Bowles is a Netflix subscriber and shareholder. She believes in the company’s ability to not only entertain but also challenge prejudice and create a greater sense of human connection. As a self-described steward of her capital, Bowles wanted to know how Netflix (NFLX), whose stock she first bought in 2016, was performing on material environmental, social, and governance risks. These are sustainability issues that can be reasonably expected to have a financial impact on a company. Bowles’ finance background, and her roughly 20 years as a Netflix viewer, made her uniquely positioned to get information on Netflix’s material ESG risk performance.

How an Investor Helped Netflix Disclose Its ESG Performance

How an Investor Helped Netflix Disclose Its ESG Performance
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Mid-Michigan leaders fear legal effort to expand dam funding district will derail reconstruction

Credit Steve Carmody / Michigan Radio An attorney at a Detroit-area law firm is looking at options to reduce the amount of money people have to pay to rebuild dams that were damaged during flooding last year, but some local leaders fear the effort could prevent the dams from ever being restored. The special assessment district that funds the four dams along the Tittabawassee and Tobacco Rivers was set up in 2019 before the floods that damaged the dams and emptied the lakes they held back. Now, people who live in the district are expected to pay not just to maintain the dams, but to rebuild them.

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