Bruce Herbert, aif

Shareholders to Goldman Sachs: Disclose Lobbying Expenses Newground has filed a shareholder proposal that calls on Goldman Sachs to expand its public disclosure of lobbying expenses. Lobbying transparency helps shareholders ensure that management behaves in...

Newground filed a shareholder proposal that calls on Goldman Sachs to expand disclosure of lobbying expenditures. Lobbying transparency helps shareholders ensure that management behaves in alignment with their interests, and is considered a best practice on Wall Street.
newground.net/blog/shareho...

Google, OpenAI employees call for unified front on military use Tech workers call for their companies to stand with Anthropic in opposition to domestic surveillance and autonomous warfare.

"More than 200 employees from Google and OpenAI have signed an open letter stating their solidarity with Anthropic in limiting the use of advanced AI for domestic surveillance or fully autonomous warfare."

This is a fascinating and important case. Such a stark contrast to the litigation in the U.S. by Republican state attorneys general attempting to make it illegal for asset managers to consider climate change in their investment decisions.

Vanguard Settles Case Claiming It Tried to Kill the Coal Industry

An unfortunate step backward by Vanguard. BlackRock and State Street should stand firm against this ideological attack on ESG investing by climate-denialist Republican AGs carrying water for the coal industry.

www.nytimes.com/2026/02/26/c...

#ClimateChange #ClimateRisk #ESG #SRI #ImpInv #SustInv

📆What's on deck for 2026 corporate proxies? What trends should investors expect? Find out on Mar. 20 - Hear key insights during the webinar launch of ICCR's 2026 Proxy Resolutions & Voting Guide. Registrants will receive a copy of the Guide

us02web.zoom.us/webinar/regi... @srievent.bsky.social

The IRS broke the law by disclosing confidential information to ICE 42,695 times, judge says A federal judge said that the IRS broke the law by illegally sharing thousands of taxpayers’ addresses with Immigration and Customs Enforcement.

A federal judge said Thursday that the IRS broke the law by disclosing confidential taxpayer information “approximately 42,695 times” to ICE, in most of those cases giving ICE additional address information in violation of privacy rules created to protect taxpayer data.

apnews.com/article/irs-...

Anthropic rejects Pentagon’s ‘best and final offer’ CEO Dario Amodei said start-up ‘cannot in good conscience’ agree to government’s terms for military use of its AI

"Anthropic will reject a 'best and final offer' to continue working with the US military, according to its chief Dario Amodei, setting up a legal fight between one of America’s leading AI labs and the Pentagon." giftarticle.ft.com/giftarticle/...

Goldman's board should stand up to this bullying and stand for common sense. Diversity is not just good for society, it's good for the economy, and good for business.

Exclusive | Goldman Sachs Plans to Scrap DEI Criteria for Its Board Race, sexual orientation and other types of DEI factors will no longer be taken into account when the board’s governance committee identifies new potential directors.

Goldman Sachs has caved to conservative pressure to scrap diversity criteria for board candidates — even after shareholders soundly defeated a wave of anti-DEI proxy proposals last year at GS and dozens of other Wall St companies.

www.wsj.com/finance/gold...

#ProxyVoting #DEI #ESG #SRI #ImpInv

AT&T, NYC pension funds reach settlement in lawsuit, allowing shareholder proposal to proceed AT&T will include a previously rejected shareholder proposal around workforce diversity in the proxy materials for its upcoming annual meeting, according to a court filing.

"A shareholder proposal on workforce diversity will proceed to AT&T’s annual meeting after four NYC pension funds and the telecom giant settled a legal dispute that put new SEC guidance for proxy season in the crosshairs."
www.pionline.com/institutiona...
#ProxyVoting #DEI #ESG #ImpInv

Jesse Jackson: A Pioneer for Corporate Accountability Jesse Jackson was a visionary who understood, decades before it became mainstream practice, that the boardroom was a battleground for justice just as surely as the courthouse or the ballot box.

Jesse Jackson was a hero in the responsible investment community. From the South Africa divestiture movement in the 1980s to calling on Silicon Valley to respect worker's rights, he was a pioneer of shareholder democracy.

newground.net/blog/jesse-j...

#JesseJackson #ESG #SRI #ImpInv #SustInv

Rep. Casten Skewers corporate ESG critics During a fiery House Financial Services Committee Hearing, Rep. Sean Casten (D-IL) offered a masterclass in how to counter right-wing attacks on ESG investing and shareholder democracy.

This should be required viewing in business schools. A few months old, but still worth watching. newground.net/blog/rep-cas...

#CNN repeatedly interrupts useful programming for idiotic and nonsensical “breaking news“ on non-news involving Trump.

In the CNN app, go to “settings“ then to “app feedback“ to express displeasure with these policies.

Sustainable Indigenous Finance | US SIF US SIF

Happy Indigenous Peoples Day! If you're an investor (and that includes anyone with a retirement account) check out this new guide to learn how your portfolio can protect Indigenous rights, and the planet. It's about ethics AND fiduciary duty. www.ussif.org/research/res...
#IndigenousPeoplesDay #ESG

Just because they spew, “DEI bad!” disinformation doesn’t make it true. In fact, it’s just the opposite of true, it’s nonsensical.

We need to stop conceding the language and narrative to them and reclaim it, NOW!! Otherwise, it’s capitulation.

Business groups support U.S. governors’ push for affordable clean vehicles

Wisconsin & Hawaii plan to join the Affordable Clean Cars Coalition. Two business networks issued a letter backing the group, launched by nearly a dozen U.S. governors in June, urging state collaboration to advance clean vehicles amid federal policy setbacks.
www.ceres.org/resources/ne...

5 key drivers of nature loss have the potential to cost $430bn per year--highlighting the economic imperative for investors and companies to better protect nature in order to protect profits.

Join our free webinar to unpack the real financial risks of nature loss: https://bit.ly/41rMuuK

Yes. Climate risk = business risk = financial risk.

Shareholders At 30 Major US Companies Reject Anti-DEI Proposals 30 shareholders from companies such as Costco, Coca-Cola, and Apple have all rejected anti-DEI proposals during the 2025 proxy season.

🚨This week, the U.S. Senate Judiciary Committee and DoJ said they plan to 'kill' DEI, by any name, including in the private sector.

But DEI is a business imperative. Corporations that do not capitulate to the Trump regime will win consumer support.

peopleofcolorintech.com/articles/sha...

The People's AI Action Plan addresses the risks of an unregulated AI industry that puts the information of everyday people in harm's way. View the concrete, actionable ideas and strategies endorsed by over 90 organizations: peoplesaiaction.com
@ainowinstitute.bsky.social @openmicmedia.bsky.social

TIME100 Most Influential People in Philanthropy 2025 TIME’s inaugural list featuring new leaders in philanthropy that are eager to see impact and see it now

Celebrating the well-deserved recognition of impact investing leaders like @palfrey.org, @darrencwalker.bsky.social and many more.

Be sure to check out the #Time100Philanthropy list: time.com/collections/...

UN court declares countries must tackle climate change Though the decision is nonbinding, the ruling from the International Court of Justice could open the door for more litigation against corporate polluters.

Meanwhile, from the department of sanity...
www.eenews.net/articles/un-...

Why many Black Americans are boycotting big-box retail stores: ‘using my money to resist’ People are shutting their wallets to firms such as Target and Amazon, who followed in Trump’s footsteps to undo DEI

“'But when Target was like, ‘Forget DEI’, and Costco was like, ‘We value diversity,’ I was like, ‘I’m going to spend my money in a place that’s aligned with my values.’”

www.theguardian.com/culture/2025...

In Honor of Joanna Macy, 1929-2025 I write while staying in one of the great forests of British Columbia, a forest in which the inextricability of life from death is gorgeously evident. Several kinds of fern spring from this soil, some...

I wrote a memorial essay in praise of the great Joanna Macy over there at my newsletter.....

US companies quietly maintaining, boosting sustainability investments in 2025: report EcoVadis found companies are less likely to publicize their sustainability efforts this year, but have largely maintained or increased their ESG investments amid shifts and backlash.

"Despite the political backlash, U.S. companies have either maintained or increased sustainability investments since the beginning of 2025, according to a survey of 400 global executives at U.S. corporations released Tuesday..."
www.esgdive.com/news/us-comp...

Impactivize: Shareholders of 30 Companies Worth $13 Trillion Vote Overwhelmingly to Defeat Anti-DEI Proposals EUGENE, Ore., July 8, 2025 /PRNewswire/ -- Shareholders of 30 major corporations, collectively valued at more than $13 trillion, have voted overwhelmingly to reject anti-DEI proposals during 2025 prox...

apnews.com/press-releas...: Shareholders of 30 Companies Worth $13 Trillion Vote Overwhelmingly to Defeat Anti-DEI Proposals

Apple is one of 30 corporations whose shareholders voted to reject anti-DEI proposals in 2025, most by 99 percent of voting shares.

bsky.app/profile/waja...

Congressional testimony: Cutting DEI will cost Americans more money USC Price University Professor Shaun Harper delivered testimony about DEI programs during a hearing before a U.S. House subcommittee.

🔥 House Republicans held an anti-DEI hearing. USC Professor Shaun Harper testified:

"DEI opponents make assertions that are often, at best, based on anecdotes. They repeatedly neglect to substantiate their critiques with credible quantitative survey results."

priceschool.usc.edu/news/dei-pro...

Companies that support DEI ✅ Impactivize Employers of the Day™ Suggest a Company View Criteria A growing list of corporations that have publicly stated their commitments to diversity, equity and inclusion initiatives. These emp...

The number of companies committed to diversity, equity and inclusion initiatives (DEI or by any other name) far outnumber the handful of companies that have entirely ended those initiatives. Because DEI is a business imperative.

www.impactivize.org/dei-employer...

You know who isn’t cooperating with ICE sweeps in its parking lots?

Lowe’s