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Commentary: Why some CEOs are leading the charge on diversity and inclusion

Author: Irit Tamir, Oxfam, Published on: 18 August 2017

"Business for Social Justice," 18 August 2017

Since [President Trump's] inauguration, we have seen a new group step up to denounce hatred and promote diversity and inclusion: business leaders. This is a hopeful sign, and aligns with trends we’ve seen at Oxfam... We looked at the top 70 companies in seven sectors – apparel, banks and finance, food and beverage, extractives, pharmaceuticals, retailers and technology – found that 95 percent of the companies had publicly available value statements on diversity... The technology sector has been particularly vocal in opposing the president’s travel ban and in some cases supported litigation opposing the ban... Many [business] leaders denounc[ed] the ban on transgender people from serving in the military. A diverse group of companies also urged the President to stay in the Paris climate agreement, with two companies stepping down from his advisory council after his decision to pull out of the agreement...These recent actions show that values do matter to businesses [and]... highlights a trend toward broader social responsibility that goes beyond simply doing things that meet the “business case” or taking responsibility for impacts from companies’ own actions. [refers to Campbell's Soup, Intel, Merck, Under Armour]

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