How Big Business Dumped Trump and Got 'Woke'

argues that sustainability can go hand in hand with profit—one of a raft of recent do-gooder tomes by CEOs . Under Polman’s leadership, Unilever set ambitious climate goals and sought to improve its human-rights record, lobbying against the death penalty for gay people in Uganda and deforestation in Brazil. “Smart CEOs realize that their business cannot function in societies that don’t function,” Polman tells TIME. “We have to be responsible and speak up, not just lobby in our own self-interest.

The public, too, appears skeptical. In recent research conducted by Edelman, 44% of Americans say they trust CEOs to do the right thing, about on par with government leaders but lagging behind clergy and journalists . A far greater share, nearly three-quarters of employees, trust the CEO of the company they work for.as the spread of COVID and Trump’s attempt to undermine the vote began to raise fears of an election meltdown, Sonnenfeld began privately raising the issue with prominent CEOs.

So on Jan. 5, Sonnenfeld reconvened his executives. This Zoom was better attended than the first, with nearly 60 CEOs—and more concerned. Nobody quibbled with the “coup” terminology this time. There were CEOs Sonnenfeld had never met who had demanded invites after hearing about the November call. There were right-wing executives and former Obama and Bush Cabinet secretaries. The group voted unanimously to suspend donations to the GOP members of Congress who contested the election.

But these moves also sparked a political backlash. Executives who had interceded during the election’s aftermath began to fall away from the group, leery of liberal activists seeking to apply similar pressure on other issues, like. The coalition that rallied with such alacrity to defend American democracy now appears splintered, unsure of the extent of the continuing threat or how to confront it.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Several big business groups aren't happy with Biden's Covid vaccine mandateIndustry groups and unions applauded that delay and shared messages of support for vaccinations generally, but were broadly wary of the private-sector mandate. But it’s not a burden for thousands of employees to burn through all of their sick time, some becoming disabled and dying? Of course it’s not a burden: these companies plan on turnover. Employees are expendable. If these businesses and business groups have that many irrational, fear-driven anti-vaxxers on the payroll, the mandate correction is the least of their problems.
Source: CNBC - 🏆 12. / 72 Read more »

The Big Business of Manifesting MoneyMillennial women are increasingly turning to self-help-adjacent manifesting or 'good vibes' to find financial security, but the cost often isn't cheap.
Source: Cosmopolitan - 🏆 725. / 51 Read more »

Apple, other big companies take part in new Biden effort with promises on clean energyPresident Joe Biden unveiled a “First Movers Coalition” that involves pledges around clean energy from big companies. The FMC is expected to have more than 25 founding members, including Apple.
Source: MarketWatch - 🏆 3. / 97 Read more »