Why Large multination corporations go woke

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Doc
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Why Large multination corporations go woke

Post by Doc » Sun Apr 11, 2021 9:01 am

It seems they now have a social credit score


https://www.sec.gov/news/public-stateme ... ace-031121

Public Statement
ESG Disclosure – Keeping Pace with Developments Affecting Investors, Public Companies and the Capital Markets

John Coates
Acting Director, Division of Corporation Finance

March 11, 2021
Statement Published in Connection with Remarks at the 33rd Annual Tulane Corporate Law Institute[1]

Not long ago, the title of this statement would have needed to unpack “ESG” into Environmental, Social and Governance. That ESG no longer needs to be explained illustrates how important these issues have become to today’s investors, public companies and capital markets. It also illustrates the pace of ESG developments. There remains substantial debate over the precise contents and details of what ESG disclosures might or should encompass. Part of the difficulty is in the fact that ESG is at the same time very broad, touching every company in some manner, but also quite specific in that the ESG issues companies face can vary significantly based on their industry, geographic location and other factors. As such, there is no one set of metrics that properly covers all ESG issues for all companies. Moreover, the landscape is changing rapidly so issues that yesterday were only peripheral today are taking on greater importance. It is against this backdrop that I think about the regulation of ESG disclosures.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Re: Why Large multination corporations go woke

Post by Doc » Mon Apr 12, 2021 9:12 am

https://www.theepochtimes.com/amazons-t ... 71058.html
Amazon’s Twitch Bans Users Based on Undisclosed ‘Hate Group’ List

Amazon’s live stream video site Twitch will ban from its platform any user whom it considers a member of a “hate group.” The company wouldn’t say what groups it considers as such.

The company announced on April 7 that it will start banning users for “serious offenses that pose a substantial safety risk to the Twitch community, even if these actions occur entirely off Twitch.”

In addition to involvement in criminal activity, such as terrorism, “deadly violence,” sexual assault, and child exploitation, Twitch will also ban users for “leadership or membership in a known hate group.”

When asked for more details, a Twitch spokesperson said the company keeps an internal list of such groups and that it’s using multiple sources and criteria to compile it, including information from non-profit organizations. At least for now, the company is not releasing the list, the spokesperson said.

The company wouldn’t say what specifically places a group on the black list.

The spokesperson indicated that membership in a “hate group” will need to be verifiable, determined on preponderance of evidence, which is a legal standard for civil cases generally meaning that there’s above 50 percent chance of something being true.

The decision to keep the list secret fits into a pattern of censorship by tech companies that keep the public at least partially in the dark on what they do and don’t allow. A similar approach has been used in the past by communist regimes to induce self censorship.

Amazon has recently ramped up censorship, banning books that it says contain “hate speech,” without explaining what it means.

Big tech companies have been tightening censorship in recent years, facing criticism for not only going too far, but applying it in a politically biased way. Some of the companies have said their products are developed and run as politically neutral, but employee accounts and leaked internal materials indicate the companies are indeed infusing their politics, which is overwhelmingly left-leaning, into their products.

Meanwhile, Democrat lawmakers have pushed the companies to censor even more.

Republicans have been mulling strategies to curb online censorship, but the efforts have been largely preempted by Section 230 of the Communications Decency Act, which shields internet companies from liability for good faith removal of “objectionable” content.

Some Republicans have said the law needs a revamp as it was written for a fledgling internet industry in the mid-1990s that needed legal protections, not trillion dollar tech giants with a near-monopoly.

The Trump administration attempted to set up rules that would mark at least part of the censorship as not in good faith and thus not covered by Section 230, but the Biden administration is unlikely to continue those efforts.

Florida Gov. Ron DeSantis put out a proposal that could sidestep protections of Section 230 by asking for more transparency, tying anti-censorship measures to state election regulations, and giving users more control over content policing.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Re: Why Large multination corporations go woke

Post by Doc » Mon Apr 12, 2021 3:02 pm

“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Re: Why Large multination corporations go woke

Post by Milo » Mon Apr 12, 2021 4:31 pm

I thought Republicans created woke corporations.


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Re: Why Large multination corporations go woke

Post by Doc » Mon Apr 12, 2021 7:10 pm

Milo wrote:
Mon Apr 12, 2021 4:31 pm
I thought Republicans created woke corporations.

Not since Trump. Now it is a Democrat/Never Trumpster thing
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Re: Why Large multination corporations go woke

Post by Milo » Tue Apr 13, 2021 9:05 am

Doc wrote:
Mon Apr 12, 2021 7:10 pm
Milo wrote:
Mon Apr 12, 2021 4:31 pm
I thought Republicans created woke corporations.

Not since Trump. Now it is a Democrat/Never Trumpster thing
But it was touted as championing free speech, are you against that now, or were you them?

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Re: Why Large multination corporations go woke

Post by Doc » Tue Apr 13, 2021 12:47 pm

Milo wrote:
Tue Apr 13, 2021 9:05 am
Doc wrote:
Mon Apr 12, 2021 7:10 pm
Milo wrote:
Mon Apr 12, 2021 4:31 pm
I thought Republicans created woke corporations.

Not since Trump. Now it is a Democrat/Never Trumpster thing
But it was touted as championing free speech, are you against that now, or were you them?
I am against Big tech / Big Corps, Democrats, and The Woken Dead that want to take my free speech away.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Re: Why Large multination corporations go woke

Post by Milo » Tue Apr 13, 2021 2:05 pm

Doc wrote:
Tue Apr 13, 2021 12:47 pm
Milo wrote:
Tue Apr 13, 2021 9:05 am
Doc wrote:
Mon Apr 12, 2021 7:10 pm
Milo wrote:
Mon Apr 12, 2021 4:31 pm
I thought Republicans created woke corporations.

Not since Trump. Now it is a Democrat/Never Trumpster thing
But it was touted as championing free speech, are you against that now, or were you them?
I am against Big tech / Big Corps, Democrats, and The Woken Dead that want to take my free speech away.
Ah, free speech when you agree with it!

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Re: Why Large multination corporations go woke

Post by Doc » Tue Apr 13, 2021 4:20 pm

Milo wrote:
Tue Apr 13, 2021 2:05 pm
Doc wrote:
Tue Apr 13, 2021 12:47 pm
Milo wrote:
Tue Apr 13, 2021 9:05 am
Doc wrote:
Mon Apr 12, 2021 7:10 pm
Milo wrote:
Mon Apr 12, 2021 4:31 pm
I thought Republicans created woke corporations.

Not since Trump. Now it is a Democrat/Never Trumpster thing
But it was touted as championing free speech, are you against that now, or were you them?
I am against Big tech / Big Corps, Democrats, and The Woken Dead that want to take my free speech away.
Ah, free speech when you agree with it!
That seems to be your message not mine


“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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