Goldman Sachs, Visa, BlackRock and Coca-Cola have also agreed to disclose workforce data on gender, race and ethnicity following pressure from New York retirement funds and the city comptroller. (The Logic)
Talking point: The pledge follows a request by comptroller Scott Stringer and the funds to 67 S&P 100 companies to “match their words with concrete actions” after they made public statements supporting racial equality and diversity and inclusion. The companies are expected to make the information public when they file their next EEO-1 Report, a mandatory federal survey of employee diversity. If they fail to follow through on the commitment, they “risk potential submission of shareholder proposals or opposition to the election of director nominees standing for re-election at the next annual shareowner meeting,” according to a news release from Stringer’s office.