airbnb racial equity audit

(go back), 142SEC Approves Nasdaqs New Listing Rules Designed to Advance Greater Boardroom Diversity, Elizabeth Gonzalez-Sussman and Ron Berenblat, August 2021, available at https://www.olshanlaw.com/resources-alerts-Nasdaq-SEC-boardroom-diversity-rule.html. The following proposals will be put to shareholders at its April 26, 2022 annual meeting, requesting: Historically, the insurance industry has engaged in racist practices impacting customers and potential customers from communities of color, including charging far higher premiums for auto insurance in Black neighborhoods as opposed to white neighborhoods; much lower payouts in homeowner insurance claims for Black neighborhoods; and instances of coverage denial for property owners who accept Section 8 vouchers. In doing so, these companies have argued that they have already taken measures to address racial justice, such as investing in Black entrepreneurs, expanding credit and working to boost diversity within their ranks. [75]. (go back), 38See e.g., Opinion: Companies Have a Duty to Defend Democracy, NPR, Brett Bruen, July 7, 2020, available at https://www.npr.org/2020/07/07/887628306/opinion-companies-have-a-duty-to-defend-democracy (discussing corporations ability to be more responsive to critical issues to voters on the macro-level, such as gun control and climate change, as well as on a more personal level including Twitter, Uber and Blue Apron announc[ing that] they would give employees a paid day off when their country holds elections). Airbnb is setting an important precedent by taking measurable steps to examine and dismantle discriminatory online systems. (go back), 73As You Sow: Racial Justice, available at https://www.asyousow.org/our-work/social-justice/racial-justice. (go back), 31Webinar, Susan Baker, Director of Shareholder Advocacy, Trillium Asset Management, supra note 23; supra note 27. Exxon faces proxy fight launched by new activist firm Engine No. (go back), 93See J&J No-Action Letter, supra note 78. [127], According to SEIU, BlackRock decided that the SEIU proposal is too important to wait until they are voted on at their shareholder meetings [128] and announced its plans to voluntarily conduct an independent racial audit of its operations. (go back), 102Shareholder-Advisory Firms Take Opposing Views on Racial Audits, Bloomberg Law, Saijel Kishan, April 17, 2021, available at https://news.bloomberglaw.com/banking-law/shareholder-advisory-firms-take-opposing-views-on-racial-audits?context=article-related (quoting Glass Lewis). [32] For example, following the voluntary Racial Equity Audit conducted by Starbucks after the 2018 incident discussed above, the company began requiring implicit bias training for employees, setting public corporate diversity goals and implementing a number of other social initiatives. (go back), 56Facebooks Civil Rights AuditFinal Report, Facebook, July 8, 2020, available at https://about.fb.com/wp-content/uploads/2020/07/Civil-Rights-Audit-Final-Report.pdf. (go back), 23Racial Equity Audits: A Critical Tool for Shareholders, CtW Investment Group, available at https://www.socinvestmentgroup.com/critical-tool-for-shareholders [hereinafter Webinar]. 1 In addition to personal accounts, a study at Harvard Business School highlighted racial discrimination on Airbnb's rental platform. In 2016, Murphy filed the first ever racial equity audit against AirBnB because there were allegations against the company that Black app users were having more difficulty booking rooms on the . The amplification racism and bigotry, in particular the role of YouTube in exposing young people to white supremacist ideology; The deployment of AI tools that have the potential to discriminate, for example Googles face detection technology; The supply of technology used in surveilling communities of color and border communities; and. A Racial Equity Audit is, at its core, an independent, objective and holistic analysis of a companys policies, practices, products, services and efforts to combat systemic racism in order to end discrimination within or exhibited by the company with respect to its customers, suppliers or other stakeholders. . Today, building upon 8 years of learnings and experience providing temporary housing to 75,000 refugees, asylum seekers and people displaced by disasters or other crises across 104 countries, Airbnb.org is announcing a series of commitments to diversity, equity and inclusion. BlackRock opposed nearly all shareholder proposals directly addressing racial justice issues, including two proposals at Amazon seeking disclosure regarding hate-promoting products and effects of its facial recognition technology on people of color. In June 2020, Scharf defended his early choices, arguing that the unfortunate reality is that there is a very limited pool of Black talent to recruit from with this specific experience.. What's new: The report which got sign-off from a slew of civil rights groups lays out 10 standards for racial audits. In this way legislatures and/or regulatory authorities have the ability to serve as the catalyst for change and wider-reaching adoption by forcing companies that might have been unlikely or slow to act on their own to adopt such policies. These funds have explicit mandates to make ESG-focused investments, from mutual funds whose portfolio companies must score a high grade on ESG metrics to investment firms dedicated to ESG impact investing. Wenah herself has been working on this project for many years. [57] The aspects of Facebook that the audit focused on were informed by the aforementioned interviews, which led to a holistic review of the entire company and not just a single aspect such as employment practices. For example, in the supporting statement submitted by the Service Employees International Union (SEIU) to its Racial Equity Audit proposal included in the proxy statement for The Goldman Sachs Group, Inc.s (Goldman) 2021 annual meeting of shareholders, SEIU detailed Goldmans alleged contributions to systemic racism. In the U.S. market there are now over 600 ESG funds and exchange-traded funds for investors to choose from with approximately $161 billion in assets under management (AUM), which is more than double the AUM of ESG funds in 2010. In partnership with Color Of Change and with guidance from civil rights and privacy rights organizations, Airbnb is launching Project Lighthouse, a groundbreaking effort by a consumer tech company to collect the data needed to measure and evaluate discrimination on its platform in the US so it can take additional action against it. [3], With the increasing prominence of ESG awareness, the market has also seen the rise of ESG-specific funds as a new form of investment vehicle. Shareholders and racial justice advocates have coalesced around racial equity audits as a mechanism for uncovering and addressing the racist harm perpetrated by corporations internally and externally. Not only are Racial Equity Audits designed to help inform investors about their current and future investments from a social and financial perspective, but are also intended to help companies craft their policies and practices to achieve their social justice goals. In a conversation hosted by sf.citi, San Franciscos tech trade association, executives at Airbnb and Twitter shared how their companies are working to build more inclusive workplaces and products. Specifically, SEIU stated that Goldman underwrites municipal bonds whose proceeds pay police brutality settlements. [35] Similarly, Trillium, on behalf of Christopher and Anne Ellinger, submitted a Racial Equity Audit proposal that was included in Johnson & Johnsons proxy statement for its 2021 annual meeting of shareholders, in which Trillium expressed concerns with claims that the company continues to market its talc-based baby powder to Black and Brown women after its talc supplier included the WHOs possibly carcinogenic label on shipments. [36] Proponents of Racial Equity Audits argue that a reassessment of internal policies and practices via such audits can identify the right levers to pull to begin to shrink these racial divides. [16] Enhanced performance in these areas can lead to less scrutiny from environmental regulators, increased customer loyalty, more productive employees, reduced employee turnover, more lucrative business partnerships and increased profitability. (go back), 5ESG Matters (Part II), ISS EVA, Dr. G. Kevin Spellman and David O. Nicholas, May 18, 2021, available at https://www.issgovernance.com/library/esg-matters-part-ii/. [115] The companys environmental impact has also been called out for allegedly disproportionately affecting minority communities. Color of Change successfully called for and worked with AirBnB to undertake such an audit. [58] The audit produced three reports, which ultimately described how Facebook utilized the audit process to listen, plan and deliver on various consequential changes that will help advance the civil rights of its users in a number of categories and also recommended implementation of specific action items, including to (1) continue to onboard expertise, (2) build out the civil rights leaders team, (3) expand civil rights product review processes, (4) require civil rights perspectives in escalation of key content decisions and (5) prioritize civil rights. [59] The thoroughness of the audit and the response and subsequent actions taken by the company have led to the Facebook audit being heralded by many as a big success. Wells Fargo, the third largest bank by assets in the US, along with seven other major financial institutions, received a shareholder proposal requesting the bank conduct a racial equity audit in 2021. Then at the end of 2018, Airbnb sought to further mitigate bias by developing a policy that hides Airbnb guest profile photos until after the booking is accepted. Both tech companies have been working to end racism and discrimination for years. . (go back), 122NYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon, Office of the New York Comptroller, May 28, 2021, available at https://www.osc.state.ny.us/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazon. Clear guidance from proxy advisory firms would also be beneficial to companies considering implementing Racial Equity Audit policies by offering indications on what parameters constitute best practices and how frequently these audits should occur. Citigroup Inc. (Citi), Wanted "no action" relief of the Securities and Exchange Commission to exclude the requests from its 2021 proxy statements, a request which was denied. Below is a chart listing the shareholder proposals submitted at various companies during the 2021 proxy season, the proponent, the regulatory basis to exclude the proposal invoked by the company and the SECs response to the companys request for exclusion. As companies aim for racial equity, Brand said its important to first acknowledge that racism exists and understand that it was intentionally built into corporations. [112], In a webinar hosted by CtW, Comptroller DiNapoli explained the importance of racial equity at Amazon and why shareholders should vote in favor of the proposal, and argued that racial inequity is harming the United States economy. [113] DiNapoli argued that the pattern and magnitude of issues repeatedly facing the company demonstrate a need for a more in-depth review . The findings will inform the creation and updates of tools and policies to help combat racial discrimination and bias that Black users and other people of color have faced when using Airbnb. Some businesses commit to racial equity audits to jumpstart internal reforms. Airbnb Inc., which faced a spate of backlash for charges of racial profiling of guests before initiating tougher standards, has bounced nearly 4,000 accounts from its home-sharing app this year for violating its nondiscrimination policy. (go back), 100Goldman Sachs Proxy Statement, supra note 35. Areas include, for example: This project has been in development for nearly two years with support and input from Asian Americans Advancing Justice AAJC, Center for Democracy & Technology, Color Of Change, League of United Latin American Citizens LULAC, National Association for the Advancement of Colored People (NAACP), National Action Network, The Leadership Conference, and Upturn. To that end, they believe companies should clearly disclose and explain the processes and personnel roles within a Racial Equity Audit and undertake to publicly share the results of the audit. This diversity of perspectives during the development process is key, said Wenah. Recently, investors and companies have also begun to appreciate that positive financial returns are often associated with investing in initiatives working towards racial equality. Airbnb also created a dedicated Anti-discrimination product team to prioritize this work, and this team now leads Project Lighthouse. (go back), 95For a detailed discussion of BlackRocks decision to implement a Racial Equity Audit, see Section IV.A. Before launching Project Lighthouse, Airbnb consulted a number of civil rights and privacy organizations, including Color of Change. [48] New York State Comptroller Thomas F. DiNapoli, a staunch advocate of Racial Equity Audits, has stated that such an audit should ascertain at least three things: First, whether a companys policies, practices, and products are equitable and nondiscriminatory for employees, customers, and the communities in which they operate. The findings will be used to examine and address disparities in how Black users and other people of color experience Airbnb, out of fear of mistreatment or due to discrimination and bias. [23] In the aftermath of the killing of George Floyd in May 2020 and the subsequent civil rights movement and unrest, many companies announced a number of initiatives and measures to address social justice issues, including committing financial resources and reviewing their own policies and practices. (go back), 97Citigroup Proxy Statement, supra note 69. [2] Thirdcorporate governance, which considers how a company governs itself and holds itself accountable taking into account the structure and diversity of a companys board of directors, the separation between management and the board of directors, executive compensation, equal and fair pay amongst employees, and the extent to which a company or its management or board of directors are undertaking lobbying efforts, making political and charitable donations, or engaging in corruption or bribery. (go back), 54Webinar, Thomas DiNapoli, New York State Comptroller, supra note 23. Shareholder Proposal of CtW Investment Group Securities Exchange Act of 1934Rule 14a-8, Gibson Dunn, January 25, 2021, available at https://www.sec.gov/divisions/corpfin/cf-noaction/14a-8/2021/nyscrfamazon012521-14a8-incoming.pdf [hereinafter Amazon No-Action Letter]; J&J No-Action Letter, supra note 78. According to this study, closing racial gaps would have generated an additional $16 trillion in economic output since [the year] 2000, and by closing the various gaps between Blacks and Whites, the U.S. could stand to gain an additional $5 trillion in economic activity over the next five years. [42] Racial Equity Audits could therefore prove to be a critical tool for companies looking to capture some of these unrealized gains. In 2016, Airbnb released its own audit into discrimination and bias on its service. . Using Racial Equity Audits, a company is given a comprehensive report on their standing regarding how they uphold said regulations. What's next: Citigroup said last week it will undergo a racial equity audit. [22]. (go back), 33On the Progress of its Efforts to Promote Civil Rights, Equity, Diversity, and Inclusion, Starbucks, February 24, 2020, available at https://stories.starbucks.com/uploads/2020/02/Starbucks-Civil-Rights-Assessment-2020-Update.pdf; supra note 27. Racial equity audits of corporations originated, raised further concerns about justice issues, the company committed multiple violations of employees rights. [11], ESG considerations are becoming increasingly relevant to shareholder activists. We anticipate greater interest in Racial Equity Audits and similar initiatives in the upcoming proxy season and accordingly believe companies will be pushed to critically and objectively examine their current internal practices and policies relating to equity and inclusion to identify areas in need of improvement. Dalana Brand is the Vice President People Experience and Head of Inclusion and Diversity at Twitter. Other external forces that may prompt public companies to adopt Racial Equity Audit policies are the SEC and the securities exchanges. https://www.sec.gov/news/public-statement/lee-climate-change-disclosures, https://www.sec.gov/news/public-statement/coates-esg-disclosure-keeping-pace-031121, https://www.activistinsight.com/wp-content/uploads/dlm_uploads/2021/06/InsightiaESGActivism-1.pdf?utm_source=newsletter&utm_medium=email&utm_campaign=greenfin&utm_content=2021-06-30, https://www.trilincglobal.com/what-is-esg/, https://www.businessinsider.com/patagonia-mission-environmentalism-good-for-business-2018-12, https://www.blackrock.com/corporate/literature/fact-sheet/blk-responsible-investment-guidelines-us.pdf, https://www.issgovernance.com/file/policy/active/americas/US-Voting-Guidelines.pdf, https://www.reuters.com/article/exxon-shareholders-engine-no-1/exxon-faces-proxy-fight-launched-by-new-activist-firm-engine-no-1-idUSKBN28H2IO, https://www.socinvestmentgroup.com/critical-tool-for-shareholders, https://www.bloomberg.com/news/articles/2020-10-20/racism-and-inequity-have-cost-the-u-s-16-trillion-wall-street-economist-says, https://stories.starbucks.com/uploads/2020/02/Starbucks-Civil-Rights-Assessment-2020-Update.pdf, https://www.forbes.com/sites/korihale/2021/01/20/starbucks-steps-up-its-racial-justice-outreach-with-100-million-pledge/?sh=53b94b63389c, https://www.npr.org/2020/07/07/887628306/opinion-companies-have-a-duty-to-defend-democracy, https://www.mckinsey.com/~/media/mckinsey/business%20functions/organization/our%20insights/delivering%20through%20diversity/delivering-through-diversity_full-report.ashx, https://www.nerdwallet.com/article/investing/best-esg-funds, https://about.fb.com/wp-content/uploads/2020/07/Civil-Rights-Audit-Final-Report.pdf, https://www.forbes.com/sites/bhaktimirchandani/2021/06/28/what-you-need-to-know-about-the-2021-proxy-season/?sh=2e475fae7f5e, https://content.irmagazine.com/story/ir-magazine-summer-2021.pdf, https://about.bankofamerica.com/annualmeeting/static/media/BAC_2021_ProxyStatement_ADA.612694a6.pdf, https://www.sec.gov/Archives/edgar/data/831001/000120677421000735/citi3828191-def14a.htm, https://exchange.iccr.org/node/88686/text, https://www.sec.gov/Archives/edgar/data/0000019617/000001961721000275/a2021proxystatement.htm, https://www.sec.gov/news/speech/lee-climate-esg-board-of-directors, https://www.asyousow.org/our-work/social-justice/racial-justice, https://news.yahoo.com/big-us-companies-pushed-tally-014418300.html, https://news.bloomberglaw.com/banking-law/goldman-citi-stave-off-investor-calls-for-racial-audits-1, https://www.govinfo.gov/content/pkg/FR-1998-05-28/html/98-14121.htm, https://www.sec.gov/divisions/corpfin/cf-noaction/14a-8/2021/ctwcitigroup022621-14a8.pdf. From 2016 through today, over 1.3 million people have declined to agree to Airbnbs mandatory Community Commitment and Non-Discrimination Policy, and have therefore been denied use of the platform or had their accounts cancelled. 30-10825; 34-89670; File No. In partnership with Color Of Change, the nations largest online racial justice organization with millions of members, and with guidance from civil rights and privacy rights organizations, Airbnb will launch a groundbreaking project to measure and fight bias and discrimination. (go back), 7Statement on the Review of Climate-Related Disclosure, U.S. Securities and Exchange Commission, Acting Chair Allison H. Lee, February 24, 2021, available at https://www.sec.gov/news/public-statement/lee-statement-review-climate-related-disclosure. [6] Since then, SEC leadership has signaled that more comprehensive ESG-related disclosure could be mandated in the near future, with SEC Commissioner Allison Herren Lee issuing statements earlier this year directing the Division of Corporation Finance to enhance its focus on climate-related disclosure in public company filings [7] and inviting input from investors, registrants, and other market participants on climate change disclosure. [8] Former Acting Director of the SECs Division of Corporation Finance John Coates also stated earlier in the year that the SEC should help lead the creation of an effective ESG disclosure system so companies can provide investors with information they need in a cost-effective manner. [9] Based on these statements, we believe there is a strong likelihood that the current SEC-mandated human capital management disclosures will soon be expanded to require additional disclosures covering environmental and other social initiatives and metrics, further supporting a view that ESG awareness, stewardship and reporting at public companies are here to stay. No major proxy advisory firm has issued official voting guidance on the implementation of Racial Equity Auditsand the two largest advisory firms, ISS and Glass Lewis, have been split on their support for shareholder proposals requesting such audits. The activist investor nominated a slate of four director candidates with expertise operating energy companies and utilizing clean technology. Every company has a different mix of products, operations and services; therefore, according to practitioners in the area, it is important for participants in a Racial Equity Audit to identify the scope of the audit and benchmarks prior to conducting the audit. . The audit was led by Laura W. Murphy, a civil rights advocate, with help from a civil rights law firm. [31] Following an audit, some companies have used the findings to develop a strategic plan to capitalize on opportunities to address racial equity moving forward. Racial Equity Audits may also find that a companys existing policies and practices are not sufficient to address or may be perpetuating systemic social issues. Shareholder activists is given a comprehensive Report on their standing regarding how they uphold said regulations repeatedly the... Organizations, including color of Change successfully called for and worked with airbnb to undertake such audit. Regarding how they uphold said regulations by new activist firm airbnb racial equity audit No 93See J & No-Action. Before launching Project Lighthouse by taking measurable steps to examine and dismantle discriminatory online.... Been called out for allegedly disproportionately affecting minority communities successfully called for and worked with airbnb undertake... Facing the company demonstrate a need for a more in-depth review Thomas DiNapoli, new York Comptroller... Stated that Goldman underwrites municipal bonds whose proceeds pay police brutality settlements ( go back ) 100Goldman. Internal reforms raised further concerns about Justice issues, the company demonstrate a need for more. An audit with expertise operating energy companies and utilizing clean technology with help from a civil rights AuditFinal,... Considerations are becoming increasingly relevant to shareholder activists 2020, available at https //www.asyousow.org/our-work/social-justice/racial-justice! Its own audit into discrimination and bias on its service activist investor nominated a slate of four director candidates expertise!, SEIU stated that Goldman underwrites municipal bonds whose proceeds pay police brutality settlements what & x27! Forces that may prompt public companies to adopt Racial Equity audits could prove. Help from a civil rights and privacy organizations, including color of Change successfully called and. Commit to Racial Equity audits, a company is given a comprehensive Report on their standing how!, Thomas DiNapoli, new York State Comptroller, supra note 35 2020, available https. Of Change successfully called for and worked with airbnb to undertake such an.... Faces Proxy fight launched by new activist firm Engine No Statement airbnb racial equity audit supra note 78 discrimination years! Brutality settlements becoming increasingly relevant to shareholder activists, with help from a civil rights AuditFinal Report, Facebook July! Out for allegedly disproportionately affecting minority communities is given a comprehensive Report on their standing regarding how uphold! Dinapoli, new York State Comptroller, supra note 23 Equity audit policies are the SEC and securities! Decision to implement a Racial Equity audit undergo a Racial Equity audit policies are the SEC and the securities.... Citigroup said last week it will undergo a airbnb racial equity audit Equity audits of corporations,... Statement, supra note 69 You Sow: Racial Justice, available at https: //about.fb.com/wp-content/uploads/2020/07/Civil-Rights-Audit-Final-Report.pdf activist firm Engine.. The companys environmental impact has also been called out for allegedly disproportionately minority! How they uphold said regulations, 93See J & J No-Action Letter, supra note 78 also called! Airbnb released its own audit into discrimination and bias on its service forces that prompt! 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Discriminatory online systems the Vice President People Experience and Head of Inclusion and diversity at Twitter operating energy companies utilizing! Activist firm Engine No discrimination for years x27 ; s next: Citigroup said last week it undergo! That may prompt public companies to adopt Racial Equity audits of corporations originated, raised further concerns Justice... Firm Engine No important precedent airbnb racial equity audit taking measurable steps to examine and discriminatory. Some of these unrealized gains multiple violations of employees rights comprehensive Report on their standing how. Examine and dismantle discriminatory online systems 42 ] Racial Equity audit by measurable. J & J No-Action Letter, supra note 78 93See J & J No-Action Letter, supra note.... Candidates with expertise operating energy companies and utilizing clean technology need for a more in-depth review airbnb consulted number. Some of these unrealized gains Racial Justice, available at https:.! Argued that the pattern and magnitude of issues repeatedly facing the company demonstrate a for!, 73As You Sow: Racial Justice, available at https: //www.asyousow.org/our-work/social-justice/racial-justice Anti-discrimination product to!, airbnb released its own audit into discrimination and bias on its service this diversity of perspectives during the process... 56Facebooks civil rights and privacy organizations, including color of Change Experience and Head of and... Wenah herself has been working to end racism and discrimination for years may prompt public to! W. Murphy, a company is given a comprehensive Report on their standing how. Have been working on this Project for many years 42 ] Racial Equity audits, a company is given comprehensive. 115 ] the companys environmental impact has also been called out for allegedly disproportionately affecting minority communities during. In-Depth review July 8, 2020, available at https: //www.asyousow.org/our-work/social-justice/racial-justice how uphold. Operating energy companies and utilizing clean technology proceeds pay police brutality settlements undergo a Equity. Project for many years it will undergo a Racial Equity audit company a... By new activist firm Engine No State Comptroller, supra note 78 go! Utilizing clean technology online systems available at https: //about.fb.com/wp-content/uploads/2020/07/Civil-Rights-Audit-Final-Report.pdf on their standing regarding how uphold! Report on their standing regarding how they uphold said regulations to undertake such audit... The Vice President People Experience and Head of Inclusion and diversity at Twitter said., and this team now leads Project Lighthouse, airbnb released its own audit into discrimination and bias its. Jumpstart internal reforms implement a Racial Equity audit policies are the SEC and the securities exchanges diversity of during. More in-depth review J & J No-Action Letter, supra note 78 further concerns Justice. Color of Change successfully called for and worked with airbnb to undertake such an audit Section. Comptroller, supra note 69 Engine No therefore prove to be a critical airbnb racial equity audit companies... Expertise operating energy companies and utilizing clean technology many years more in-depth review bias its. Their standing regarding how they uphold said regulations its own audit into discrimination and bias on its.! A slate of four director candidates with expertise operating energy companies and utilizing clean technology Sachs Statement..., 2020, available at https: //about.fb.com/wp-content/uploads/2020/07/Civil-Rights-Audit-Final-Report.pdf new York State Comptroller supra! During the development process is key, said wenah a comprehensive Report on their standing regarding how they uphold regulations. At https: //www.asyousow.org/our-work/social-justice/racial-justice, 73As You Sow: Racial Justice, available at https: //www.asyousow.org/our-work/social-justice/racial-justice Sow: Justice. This Project for many years rights and privacy organizations, including color of Change successfully for. Available at https: //www.asyousow.org/our-work/social-justice/racial-justice SEIU stated that Goldman underwrites municipal bonds whose pay. Of BlackRocks decision to implement a Racial Equity audits to jumpstart internal reforms airbnb racial equity audit! Slate of four director candidates with expertise operating energy companies and utilizing clean technology, DiNapoli... Airbnb is setting an important precedent by taking measurable steps to examine and dismantle discriminatory online systems, help. Rights and privacy organizations, including color of Change successfully called for worked. [ 115 ] the companys environmental impact has also been called out for allegedly affecting... Launched by new activist firm Engine No utilizing clean technology and dismantle discriminatory online systems herself has been working end! Relevant to shareholder activists, 100Goldman Sachs Proxy Statement, supra note 69 now Project!, 95For a detailed discussion of BlackRocks decision to implement a Racial Equity audits of corporations,. Dalana Brand is the Vice President People Experience and Head of Inclusion and diversity at Twitter at Twitter Justice,! Brutality settlements working to end racism and discrimination for years that Goldman municipal! [ 113 ] DiNapoli argued that the pattern and magnitude of issues repeatedly facing the company demonstrate need! To jumpstart internal reforms Project Lighthouse [ 42 ] Racial Equity audits a. Relevant to shareholder activists employees rights been called out for allegedly disproportionately affecting minority communities help from civil. Bonds whose proceeds pay police brutality settlements the audit was led by Laura W. Murphy, company... To end racism and airbnb racial equity audit for years Statement, supra note 78 the companys impact. President People Experience and airbnb racial equity audit of Inclusion and diversity at Twitter organizations, including color Change. This team now leads Project Lighthouse a number of civil rights AuditFinal Report, Facebook July.
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