TOI Social Impact Summit to honour breakout work in CSR-ESG The scope and reach of CSR (corporate social responsibility) has grown exponentially since its origin in 2014 as a government mandate that had corporates set aside 2% of their profits towards socially responsible work. Today, businesses own this space and are invested in supporting and…
OpenAI said on Monday that it was restructuring as a public benefit corporation, allowing the nonprofit that controls OpenAI to retain its grip on the company. The nonprofit will be OpenAI’s largest shareholder. Sam Altman, OpenAI chief executive, created the artificial intelligence organization with several other Silicon Valley figures, including Elon Musk, as a nonprofit…
In the past few months, some of the largest banks and asset managers in the United States have quit net zero networks, the climate groups that encourage their members to set ambitious carbon reduction targets and collaborate internationally on sustainability efforts. But the week after Donald J. Trump won re-election in November, NYCERS, a pension…
Paramount, the parent company of BET, MTV and the Paramount film studio, said on Wednesday that it was rethinking its approach to diversity, equity and inclusion amid a broader backlash toward D.E.I. policies driven by the Trump administration. In a note to employees obtained by The New York Times, Paramount’s co-chief executives said they were…
In Washington, Elon Musk has been at the forefront of Trump administration efforts to gut programs designed to promote diversity. At the same time, Tesla, the electric car company that Mr. Musk leads, has in recent days, with little notice, tried to appease critics who have accused the company of racial discrimination. In a little-noticed…
In a wide-ranging question-and-answer session with Meta employees on Thursday, Mark Zuckerberg, the company’s chief executive, defended recent changes he had made to loosening restrictions on online speech and ending diversity initiatives, and doubled down on embracing President Trump’s new administration. “I want to be clear, after the last several years, we now have an…
Quietly but unmistakably, the tampons, liners and pads reappeared in many of the men’s bathrooms at Meta’s offices. Days earlier, Mark Zuckerberg, Meta’s chief executive, had made a series of changes at his company, aligning with President Trump’s new administration. As part of the moves, Mr. Zuckerberg eliminated diversity initiatives in the workplace — something…
Mark Zuckerberg’s ambitions as a Washington power player have led him to another corner of the capital’s hobnobbing scene: the Business Roundtable. In September, the Meta chief executive quietly joined the organization that lobbies on behalf of large U.S. companies after reaching out about doing so months earlier, Andy Stone, a Meta spokesman, told The…
Days after President Trump ordered federal agencies to investigate private sector entities for “illegal” diversity, equity and inclusion programs, Target has become the latest major company to retreat on D.E.I. Target announced on Friday that it will conclude its D.E.I. goals and will no longer participate in external diversity-focused surveys, including sharing data with the…
Instagram and Facebook have recently blurred, blocked or removed posts from two abortion pill providers. Instagram also suspended the accounts of several abortion pill providers and hid the providers from appearing in search and recommendations. The actions ramped up in the last two weeks, and were especially noticeable in the last two days, abortion pill…