Social Responsibility
Buffett’s Final Charity Lunch Draws Record $19M From Anonymous Bidder
The grand finale Power of One Charity Lunch with Warren Buffett drew a winning bid of $19,000,100 last week. The winner of the auction has chosen to remain anonymous. The record-breaking bid earned ...
Buffett Donates $4B to Gates Foundation, Family Charities
Warren Buffett on Tuesday donated about $4 billion to the Bill & Melinda Gates Foundation Trust and four family charities, part of the billionaire's pledge to give away nearly all of his net ...
Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report
Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with "major credibility gaps" found among the world's largest companies, according to a new ...
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says
In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb's chief executive warned carriers to brace for greenwashing lawsuits on the ...
Pay Gap Between CEOs and Workers Jumped in 2021 at Low-Wage Companies
The pay gap between workers and CEOs at 300 publicly listed U.S. companies with the lowest median wage jumped in 2021, a study from the Institute for Policy Studies (IPS) showed on Tuesday. The ...
‘Creepy Neighbor’ Taunts Prompt State Farm To Drop Support of LGBTQ Awareness Group
After an uproar from conservative groups, State Farm Insurance has dropped its support of a group that said it was battling misinformed opinions on transgender youth. "We support organizations that ...
Progressive Supporting Hispanic Small Biz With Grant Program
Progressive Insurance announced that it recently launched the Driving Small Business Forward grant program in support of Hispanic entrepreneurs. Small business owners can apply to receive one of 10 ...
Tesla, Echoing Musk, Says ESG Metrics Are ‘Fundamentally Flawed’
Tesla Inc., whose Chief Executive Officer Elon Musk has criticized ESG for making little sense, said current ways of measuring environmental, social and governance issues are "fundamentally flawed." ...