Climate change, policymaking, human rights and more are top-of-mind ESG this proxy season. But fashion impact investors may still be shortsighted.
Welsh said there is a “big jump in proposals around reproductive health,” given the overturn of Roe v. Wade last year. Human rights, at home and abroad, remain strong trends. “Fair pay” and treatment regarding diversity, equity and inclusion efforts remained imperative. “Investors want more information on [DE&I], more disclosures on climate change and more on how companies are influencing policy,” summarized Welsh.
After 11 years in business, North Carolina cycling apparel brand Kitsbow revealed its closure in a LinkedIn statement Tuesday. The company,, will remain in operation for at least another two weeks to finish remaining orders, marking down its inventory by 20 percent. Some 41 staff members are losing their jobs. Unique in its field, Kitsbow offers “one piece” flow production for cycling and other sports. Since 2021, Kitsbow apparel has been produced in the state.
Fair pay speaks to the reigning proxy trends. A former venture capitalist, Billstrom offered his take on how ESG or impact investing can sometimes be shortsighted or contradictory.
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