Pure propaganda since the CEO’s and the B.O.D. can be sued by the shareholders if they do not take every opportunity to legally increase share value for the owners (share holders) of the company.
These announcements are to gain favor from the “woke” in an attempt to avoid boycotts by the freaks.
I think they are looking ahead to an era where the only corporations that will be in business will be the ones that the government ALLOWS to be in business.
So they got out ahead of the sucking-up curve.
I wonder how this philosophy is working out for the dope at Gillette. Actually had the company not been purchased by PandG, it would be one of those recently delisted.
Doesn't the BOD have a fiduciary duty to run the company (including hiring execs) SOLELY for the best interest of the shareholders???