“Young people want more than words, they want action,” Debra Lee, the former chair and CEO of BET Networks, a TV network owned by ViacomCBS Inc, said in an interview on Thursday. ViacomCBS has also criticized the Georgia law.
Some companies that are reluctant to criticize specific laws or policies are still willing to come out with more general statements. For example, roughly 330 of the 500 companies in the S&P 500 Index issued comments last year in support of social justice in the wake of the death of George Floyd, a Black man, in the custody of Minneapolis police, according to shareholder advocacy group As You Sow.
On Thursday, Reuters reported that Ford Motor Co’s political action committee is resuming making political donations. It said it will not rule out making donations to Republican lawmakers who voted against President Joe Biden’s election certification on Jan. 6.