Over the past 12 months, the risks and impacts of COVID-19 have taken center stage for Apple. The tech giant was one of the first major companies to warn of the financial impacts of the pandemic in February 2020, and it has fought delays and hiccups in its immense sourcing networks all year.
How I Learned to Start Worrying (About Values) and Escape Traditional Investing
I came to my work in socially responsible investing because I was bothered by the inconsistencies between the ethical lifestyle I was trying to lead and the investments I was making in my professional life. I came to realize that no matter what I did at home in terms of supporting environmental or social causes or being a conscious consumer, these positive behaviors and consumer choices were dwarfed by the negative effects of the investments I was making as an equity analyst and portfolio manager at a large conventional asset management firm.
Honoring Hiroshima & Nagasaki by working to de-fund the military-industrial complex
This month we remember the United States bombing of Hiroshima and Nagasaki 75 years ago. On August 6 and August 9, 1945, those cities were destroyed, instantly killing or injuring at least 200,000 people. The bombings scarred the lives of the survivors, the hibakusha — many of whom succumbed to related diseases years later and the last of whom mark this anniversary with us. The bombings also shaped the last 75 years of global politics and forced us to question our belief in a positive future for humankind.
Moving Money - Supporting Solutions for Racial Justice
We are enraged at the violence directed against Black people in America and the murders perpetrated by police forces, whose supposed purpose is to protect all citizens. We are also grateful to all the people who are protesting and risking their lives for change.
We acknowledge our complicity in all this suffering. As bearers of class and wealth privilege, we must locate our position in this system of oppression and put our skills as professional investors in the service of Black communities, justice, and reparation.
Pressing Apple for change at The Oscars of capitalism
The media calls the shareholder meeting of Warren Buffet’s Berkshire Hathaway “Woodstock for capitalists.” Apple’s annual meeting in California, which we attended late last month, should be called “The Oscars of capitalism.” The Apple shareholder meeting is exclusive (it’s difficult for investors to nab a ticket and Al Gore is in attendance), slickly produced in the gleaming “Steve Jobs Theater,” and surrounded by several layers of Secret Service-level security.