The launch of the nationwide Board Challenge comes just weeks after individual states are looking at ways to increase diversity among corporate boards. In August, California lawmakers sent a bill to the governor that would require public companies to have at least one board member from an underrepresented community by the end of 2021. … [Read more...] about These 17 companies are pledging to add a Black board member by the end of 2021
Environmental business news
The US Trade and Development Agency''s (USTDA) funding will support state-owned IOC''s evaluation of technologies to capture and utilise carbon dioxide produced during refinery operations, presenting a novel and cost-effective environmental strategy that can be expanded to other refineries in India, according to a statement on Wednesday. … [Read more...] about Indian Oil gets USTDA support in its green tech endeavour
AR: Regulation is an expression of what the society deems valuable. With companies, typically regulations have been especially effective in trying to force companies to reckon with externalities, things that they just don’t have to deal with. So pollution is the classical example, but there’s others, like safety. I think we’re not the only ones pointing at some of the cultural damage and societal damage. That’s what you see when you see these guys marched onto Capitol Hill. People are increasingly concerned about those aspects of social media companies, misinformation, all that good stuff. We get the regulation we vote for in a sense. That’s how the system works. It’s kind of a checks and balances in my view. In the last generation, the way it’s been set up is to let the private sector rip and then deal with problems afterwards. I think we’re in a moment where that is being called into question. How much state and federal regulators and … [Read more...] about How Silicon Valley turned true innovation into an overhyped delusion
“Even if tribal communities form a cooperative, or they get together and start mining there is no one who will buy products from them and let them flourish. Moreover, when mining is done by corporates the poor people are exploited and the local ecology (air, water and soil) is completely destroyed. People are left to suffer and they have nowhere to go. The state authorities whose prime responsibility is to protect the rights of people are working for corporates. Even the District Mineral Foundation funds, whose control should have been with communities, is being used by authorities for work like roads etc which should have been done for those people irrespective of the DMF,” said Oram, who focuses on land rights of the tribal people and governance in Fifth Schedule areas. Fifth Schedule areas are tribal-dominated areas identified under the Indian Constitution where special care is taken for rights and welfare of tribal communities. … [Read more...] about Whose minerals are they anyway?