DISINFORMATION CASE DETAILS
- Outlet: abrag.akwadon.com ( archive, original ) , alsharqtimes.com ( archive, original ) , alshbaka.net ( archive, original ) , arabic.rt.com ( archive, original ) , elbayan-news.com ( archive, original ) , essahra.net ( archive, original ) , kol-masr.com ( archive, original ) , nabd.com ( archive, original ) , nafeza2world.com ( archive, original ) , syriafriends.net ( archive, original )
- Date of publication: February 09, 2021
- Countries / regions discussed: US
AI translations:
DISINFO: BlackRock and State Street called for an LGBT representative, according to Bloomberg
SUMMARY
According to Bloomberg, … BlackRock, … and State Street … have requested the companies in which they invest to prove the presence of some representatives of the LGBT community among their employees.
RESPONSE
This is a distortion of the original Bloomberg article, titled “BlackRock to Push Companies on Racial Diversity in 2021”.
According to the article, BlackRock Inc., the world’s largest asset manager, plans to push companies for greater ethnic and gender diversity for their boards and workforces, because “an inclusive, diverse and engaged workforce contributes to business continuity, innovation, and long-term value creation”.
Within the same article, State Street Global Advisors, which manages about $3 trillion for clients, has said it will ask companies about their metrics and goals to boost racial diversity within their ranks.
Title VII of the American Civil Rights Act of 1964 prohibits employment discrimination based on race, color, religion, sex, national origin and lately the American Supreme Court noted that sexual orientation is also part of the same civil rights act.
The same article had another claim that US money can isolate the US president from the world.