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Stock impact report

The heat's on Corporate America to reveal racial diversity data [Reuters]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Reuters
The heat's on Corporate America to reveal racial diversity data BOSTON/LONDON (Reuters) - American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake of nationwide protests against racial discrimination. Many executives have pledged to champion equality in response to the Black Lives Matter demonstrations across the United States and beyond. The goal of global investors increasingly focused on social and governance issues is to gain a common metric on racial diversity to compare companies and hold them to account on their pledges, building on a drive to improve gender equality. The good news, they say, is that U.S. firms with more than 100 employees already gather such data for the federal government annually via a form known as the EEO-1, along with gender information. However, the data is confidential and companies are not required to publicly release it, with some arguing it does not accurately Show less Read more
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