ESG Investors Push More Racial Issues After Wins at Apple, J&J

ESG Investors Push More Racial Issues After Wins at Apple, J&J

May 25, 2022, Bloomberg Law

Eric Holder was quoted by Bloomberg Law regarding the increasing investor pressure on corporate giants to look at racial issues and determine whether their businesses fuel discrimination.

Eric stated that a company could hurt its bottom line if it doesn’t want to conduct a racial audit, adding that his work on the assessments has ramped up after the 2020 murder of George Floyd.

“There is a potential price to be paid in terms of market share, reputational damage, if an unrecognized and unaddressed problem surfaces,” Eric said. “The impact of those things, I think, can’t be understated.”

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