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Do you have to be 'woke' to be an ESG investor?

Larry Fink’s 2022 annual Letter to CEO’s caused a stir with his assertion that while Blackrock partakes in sustainability and social justice work, they are neither environmentalists nor are they ‘woke.’ Today’s episode focuses on intention vs action with the ESG movement and whether or not it is important to be an idealist in order to successfully execute these practices. Rachel Robasciotti, founder and CEO of Adasina Social Capital, joins Steve to discuss these points and more. Do you have to be woke to invest in ESG? The answer might surprise you. ....

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In New Letter, Investors Challenge Denny's Leadership


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Groups urge Denny’s to withdraw from the national restaurant association, stop lobbying against minimum wage increases for workers (Image Credit (Nick Youngson/thebluediamongallery.com/CC BY-SA 3.0))
Investors Warn Denny s Could Be Acting Against Shareholder Interests by Funding the National Restaurant Association s Opposition to the Raise the Wage Act
WASHINGTON, DC Investors from As You Sow, Adasina Social Capital, Robert F. Kennedy Human Rights, and the Interfaith Center on Corporate Responsibility, shared a new letter sent to Denny s CEO John Miller challenging the company for telling one story in private to investors about the successful growth it has experienced in California, which requires a $15 minimum wage and has eliminated the subminimum wage for tipped workers, while participating in lobbying against these very policies as part of the National Restaurant Association. Specifically, the groups point to the National Restaurant Association s lobbying ....

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