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In article <t1g0s5$30vaj$65@news.freedyn.de>
<governor.swill@gmail.com> wrote:

SNIP! SNIP! There goes that AMEX card. Fuck your diversity shit. Go woke go broke fuckers.

American Express in an "Environmental, Social, and Governance"
report released August 4 pledged to devote billions of dollars
to left-wing social causes.

The credit card giant announced in its report that it would
allocate $3 billion to a "Diversity, Equity, and Inclusion
Action Plan," in addition to the billion dollars the company
already earmarked in October 2020. So far, American Express has
spent funds on social justice nonprofits, "BIPOC businesses in
Canada," events that refer to Hispanic Americans as "Latinx,"
and LGBT sites in New York City. The report also touts the
company's launch of "ByBlack," a platform that checks whether a
business is majority-owned by black people.

American Express has faced scrutiny for allegedly discriminating
against white employees. Nick Williams, a former employee,
alleges he was fired so that management could fill his position
with a non-white worker. Williams has since filed a civil rights
suit against American Express.

"Investors and customers should be wary of a company that spends
billions on woke initiatives … and is willing to drop trusted
vendors and employees based on race," said a spokesman for Color
Us United, a group that opposes "woke" policies at corporations.

The report comes as Republican attorneys general are pushing
back against other financial giants' spending on left-wing
causes. Arizona's Mark Brnovich and 18 other Republican
attorneys general are putting pressure on BlackRock in response
to its Environmental, Social, and Governance policies. According
to a letter from the group, BlackRock's spending on left-wing
causes could represent a breach of its responsibility to
stakeholders.

American Express in its report includes a chart that says
"inclusion and diversity" is of more "importance to business"
than data privacy and security, business ethics, financial
resiliency, employee health and safety, stopping bribery,
responsible investing, responsible tax practices, public policy,
and customer satisfaction, among other things.

American Express beneficiaries include left-wing nonprofits such
as the Hispanic Federation and the First Nations Development
Institute. Aside from grant funding, the credit conglomerate
will also consider race and sexual orientation when deciding
suppliers.

The company also announced in the report that it will set aside
$500 million for building "more resilient and equitable
communities."

In addition to its spending policies, American Express maintains
internal diversity and equity policies. The company's ESG report
boasts that it has maintained "100 percent pay equity across
genders" for two straight years. The report also says, however,
that female employees' median pay is 106.7 percent of male
employees' median pay. The company also promotes, hires, and
retains women at higher rates than men.

American Express did not respond to the Washington Free Beacon‘s
request for comment.

Published under: Equity, woke

https://freebeacon.com/latest-news/american-express-pledges- billions-toward-diversity-equity-and-inclusion/

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