DiversityAndInclusion

New Anti-ESG Fund Targets CEO Pay Structures and Diversity Initiatives

1 month ago

In a significant development within investment strategies, a new anti-ESG fund has been established with a firm focus on disconnecting CEO compensation from corporate diversity, equity, and inclusion (DEI) initiatives. Launched in April 2025, this fund is spearheaded by a group of investors and financial experts who argue that the incorporation of such social criteria into pay structures is neither justifiable nor beneficial for company performance.

Paul Hastings Expands Into Abu Dhabi to Capitalize on AI Growth

2 months ago

In a significant strategic move, global law firm Paul Hastings has announced the opening of a new office in Abu Dhabi. This expansion is aimed at harnessing the region's burgeoning focus on artificial intelligence (AI) and digital transformation, aligning the firm's services with the evolving landscape of technology law.

Federal Reserve's Diversity Initiative Faces Scrutiny Amidst Powell's Leadership

4 months ago

The Federal Reserve, under the stewardship of Chairman Jerome Powell, is currently navigating turbulent waters as criticism mounts over its diversity and inclusion initiatives. This comes as the nation grapples with broader conversations on equity, race, and representation in various sectors. The Fed’s recent commitment to fostering a more diverse workforce is facing harsh judgment from some factions who argue that it reflects a misplaced focus at a time when economic concerns are paramount.

Gender Pay Gap: Australia's Top Female Executives Earn $103,000 Less Than Their Male Counterparts

6 months ago

In a striking revelation, recent data indicates that Australia's leading female executives are earning significantly less than their male colleagues, with a staggering $103,000 gap in annual compensation. This disparity raises pressing concerns about gender equity in senior positions across the corporate landscape of Australia.

Goldman Sachs Delivers Record Partner Promotions: A Historic Move for the Firm

7 months ago

In a bold strategic move, Goldman Sachs has announced the promotion of an exceptional number of its personnel to partner positions, marking the most significant elevation of its ranks since 2010. This year’s promotions embody a more inclusive and diverse approach, reflecting the firm's commitment to nurturing varied talent within its walls.

Fed's Watchdog Says Board Can Do More to Diversify Workforce

8 months ago

The Federal Reserve watchdog recently indicated that the central bank should do more to diversify its workforce. In the report, one ongoing issue has been highlighted in one of the most powerful financial institutions in the nation. The Federal Reserve holds the most important position when it comes to setting economic policy, and the lack of diversity in the ranks has come under increasing criticism.