Investors Need to Act on Systemic Discrimination

Morningstar There is no doubt that bias – around race, around gender, around ableism – contributes to the uneven distribution of opportunities, protections, and wealth across society, resulting in systemic, institutionalized discrimination. This issue lurks in investment portfolios and explains much of the observed inequality between the haves- and have-nots.

“Investors are beginning to recognize that an economy that systematically excludes whole groups of people is both wrong and fundamentally unstable. This is driving investors to seek more concrete information from companies – to move beyond lip service to building in real accountability to all of their stakeholders, including their workers, contractors, consumers and the communities where they operate,” pointed out Shannon Rohan, chief strategy officer at shareholder advocacy group SHARE.

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