I would very much like to thank the Gabelli Center for Global Security analysis and our wonderful partners, the museum of American Finance and the cfa society of new york for cosponsoring todays conversation. One of the goals is to shine the light on the importance that history plays in shaping the future. In shennette garrettscotts latest book, banking on freedom, black women in u. S. Finance before the new deal, she explores a period of financial innovation and its Transformative Impact on u. S. Capitalism. Todays session will take place in three parts. First, my colleague and friend president and ceo of the American Museum of finance and we will introduce doctor shennette garrettscott. Then she will discuss her book banking on freedom following this discussion we will facilitate audience questions and we ask you type the questions in the q and a section near the bottom of the screen. Im also excited to share that as a participant of todays webinar will be entered into a raffle to wi
Of business. 2020 marks a special year, our one hundredth anniversary and we are celebrating 100 years of purpose driven business education. Since our inception we believed in the power of partnerships to inform and lead change. I would like to thank the center for Global Security analysis and our wonderful partners, the museum of American Finance and cfa society of new york for cosponsoring the conversation. One of the goals of the centennial series is to shine the light on the importance history plays on shaping the future. In shennette garrettscott at latest book banking on freedom black women in u. S. Finance before the new deal she explores the rich period of black financial innovation and its Transformative Impact on us capitalism. Todays session will take place in 3 parts. First my colleague and friend david cowan, president and ceo of American Finance will introduce shennette garrettscott. Then she will discuss her book banking on freedom black women in u. S. Finance before the
Expressed interest and are considering participating and then we certainly have, you know, many managers who are engaging with Portfolio Companies around climate risk but perhaps not formally through that initiative. Okay. And then my other concern is, we talked about diversity and i like what youve done in terms of the work around that. Do we use that same [indiscernible] in terms of rps and other things, do we really apply the sfers criteria for the type of diversity were looking for across the board, including [indiscernible] and other sectors . I cant fully comment on that. I guess what i can say is, you know, there is proposition 209 in place in california i know. Thats why i i know. Up to a vote, thats in november. But we do not i want to make clear that we do not ask about diversity characteristics when we send out an rfp or enter a new relationship or a new contract with an external party. Were wanting to be not running afoul of distortion . The board is engaging, we do request
Ask the public to participate remotely by writing to the board or leaving a voicemail message. For all comments received in advance of the meeting we have received and we appreciate these comments. While Technology Allows us to hold these meetings via teleconference, it may not be as seamless as it would like to be. There will be gaps in some airtime, staff at times the staff transitions between the speakers and the callers. Know that we are doing the best that we possibly can and we ask for your understanding and patience as we are all learning this new way of working together. A reminder to the Board Members to mute themselves to minimize the background noise. Board members will have to remember to unmute themselves to comment. Again, were going to ask everyone to be patient as we make these adjustments. Madam secretary, roll call, please. Clerk [roll call] we do have a quorum. President bridges . Number two, communications. Due to the covid19 Health Emergency and t due to the covid1
distortion . Just for point of clarification, i didnt hear you call my name so i didnt respond aye. But to respond, yes, i support the motion. [indiscernible]. I will call the vote again on item 11. [roll call] i vote aye. Theres something wrong with this computer. You have five ayes. The motion passes. Thank you, madam secretary. Next item, please. Number 12, action item, update on strategies to address climate risk in the sfers portfolio Climate Action plan. [indiscernible] on this item as well as the previous five, theres a great amount of information [indiscernible]. The tenor of the item is on page 37 [indiscernible]. Bill, sorry to interrupt you but we can barely hear you. Can you hear me now . distortion . The centrepiece of this item is on page 37, table 10, Additional Companies to [indiscernible]. I did want to also draw attention to theres just a voluminous amount of information in the report and thanks to andrew for organizing it all. There is a significant decline as far as