PING!
Posted on 04/21/2022 2:29:46 AM PDT by Trillian
A former McDonald's CEO credited with inventing the McNugget is now leading the charge against corporations that implement woke policies.
Ed Rensi, who served as the CEO of McDonalds from 1991 to 1997, is partnering with conservative advocacy groups to form The Boardroom Initiative, FOX News has reported.
Its goal is to protect share holders and employees of publicly traded companies from 'woke' policies, which the group says imperil profits and thus betray the very shareholders who pay corporation staffs' wages.
The Boardroom Initiative also aims to counter left-wing groups' decision to buy up stocks in the businesses until they raise enough clout to lobby the board to adopt woke policies on issues including gender and race.
The Free Enterprise Project, an existing body which has joined forces with The Boardroom Initiative, has laid out a blueprint to tackle woke overreach.
Its members have bought 2,000 Bank of America shares - enough to formally propose a motion at the next shareholder meeting. They will now demand the firm undertake a civil rights audit to try and stop staff pushing critical race theory-inspired 'equity' training on staff at its upcoming meeting.
Companies have been urged in recent years to adopt more liberal policies so they could raise more money from groups like money management firms like BlackRock, which look at a company's 'environmental, social and governance' factors.
Many now regularly issue statements on issues including police brutality and transgender treatments for children. Blue-chip firms which have pushed critical race theory-inspired training on staff include American Express and Disney
But Rensi says that woke obsessions are hitting firms' bottom lines, meaning they're failing in their duty to shareholders.
'Corporations have no business being on the right or the left because they represent everybody there and their sole job is to build equity
(Excerpt) Read more at dailymail.co.uk ...
Almost too good to be true. They need to enlist non woke shareholders to assist with their pressure on the board by voting them OUT.
I agree. Rich patriots instead of rich parasites.
No...he’s using equity in its proper role...financial...
Good summary of Trump vs. the likes of Biden, Pelosi, McConnell, et al.
Diversity, equity, and inclusion (DEI) is a term most used to describe a training format in the workplace. DEI training is utilized to encourage functional knowledge of fellow employees' identities and how to navigate diversity in an organization.[1] That said, the concept of DEI has a much broader scope of application. “Diversity” describes a wide variety of differences that may exist amongst people in any setting, including race, ethnicity, nationality, gender and sexual identity, disability, neurodiversity, and others. This is the cause of the need for DEI awareness. “Equity” is the concept of providing equal opportunities through a personalized approach, utilizing unequal distribution of resources to ‘level the playing field.’ Applying equity includes factoring in a variety of disparities within society that affect individuals to varying levels. Equity is the application of principles encapsulated by DEI. “Inclusion” details the desired outcome; ensuring that those who fall under the title of “diverse” genuinely feel safe, welcome, and included. Inclusion is a step past integration, where diverse individuals blend completely into the environment without a second thought.
No one involved in that did us any favors. McNuggets were (are?) horrid. Especially if you compare them to CFA nuggets. Which the last time I did was probably 20 years ago, but still.
Ha!
McDonalds has the Big Mack... McDowells has the Big Mick
McDonalds invented the pink slime nugget. Complete with ammonia to keep it “fresh”.
PING!
Good old John Amos...
I thought Al Gore invented the McNugget?
Good people are starting to fight back...there is hope.
They should ditch ESG standards.
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