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Social Concerns as Business Concerns

Past distinctions between ‘society’ and ‘the market’ are blurred in ways that present new challenges. Customers, employees, and investors raise an increasingly loud voice, insisting that firms and their leaders take concrete steps towards alleviating social tensions and imbalances – both those predating and those exacerbated throughout the Covid-pandemic.

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BlackRock Finds Gender Parity Improves Performance

by Starling Insights

Observations

Nov 10, 2023

As reported in the Financial Times, a recent study by BlackRock found that companies with more gender-balanced workforces outperformed their less-balanced counterparts by up to 2 percentage points annually between 2013 and 2022. The study examined data from approximately 1,250 major companies in the MSCI World index that reported gender diversity figures.

The 2023 Compendium is available now!

Now in its 6th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Wells Fargo Agrees to Racial-Equity Audit

by Starling Insights

Observations

Sep 21, 2022

Wells Fargo has retained Washington-based law firm Covington & Burling to conduct an independent racial-equity audit. The need for the audit surfaces as Well Fargo navigates several culture concerns with racial overtones. The bank plans to publish the results of the audit by the end of the year.