Woke corporate governance often stems from involved investment firms: Former Anheuser-Busch exec

As the push for diversity, equity, and inclusion (DEI) in the workplace continues to gain traction, many companies are implementing “woke” corporate governance policies. However, according to a former Anheuser-Busch executive, these policies often stem from involved investment firms.

Investment firms are increasingly using their power and influence to push for diverse representation in the companies they invest in. This can include everything from board diversity to environmental sustainability initiatives.

In the case of Anheuser-Busch, the investment firm that owned a majority stake was instrumental in pushing the company towards more inclusive policies. This included measures such as donating to LGBTQ+ organizations and implementing unconscious bias training for employees.

The trend of investment firms using their power to promote DEI is a promising development. With so many companies still struggling to make meaningful progress on these issues, having a push from the top can make a big difference.

Of course, there is always a danger of these initiatives being seen as performative or insincere. As with any changes in corporate governance, it will be important to hold companies accountable and make sure that they are truly committed to building a more equitable and inclusive workplace.

Overall, the growing involvement of investment firms in corporate governance is an exciting development in the DEI space. While there is still much work to be done, having advocates for change in positions of power can only help to accelerate progress.