There is no universal requirement that companies publicly report what they're doing on diversity. Every company puts out an EEO1 form every year, shows the gender and racial breakdown of their entire company around like nine or 10 classes of workers. They do it, but it's private and they don't have to release it. And maybe a couple hundred companies are, but not, you know, tens of thousands.
Bloomberg News Managing Diversity Reporter Jeff Green explains how companies with little actual diversity improvement are doing what researchers call "diversity washing" to get included in more ESG-related funds and ETFs. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Consumer Reporter Deena Shanker provide the details of Deena's Businessweek Magazine cover story Fake Meat’s Hyped Burgers Became Just Another Food Fad. Bloomberg News Equity Markets Reporter Esha Dey talks about how Tesla's rout is overshadowing plunges by smaller EV makers Rivian and Lucid. And we Drive to the Close with Hank Smith, CIO of Haverford Trust.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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