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Sustainable Finance

Sustainable Finance

By Ross Kerber, U.S. Sustainable Business Correspondent

A key actor during the springtime U.S. corporate meeting season has been Andrew Behar, CEO of the California-based shareholder activist group As You Sow. You can read my Q&A with him in the column this week, linked below.
     
You will also find links to several of our recent stories discussing the hands-off approach of U.S. CEOs to the latest unprecedented moves by U.S. President Donald Trump. This is a break from the past, when business leaders emerged as some of the strongest voices opposing Trump's actions. Some critics say the CEOs are taking a short-sighted perspective. 
    
Please follow me on LinkedIn and/or Bluesky. You can reach me via ross.kerber@thomsonreuters.com.

 

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As You Sow CEO Andrew Behar speaks during our Q&A, held via videoconference

Shareholder activist Behar says Trump is 'disassembling capitalism'

I meant only to get a rundown on pending shareholder resolutions when I scheduled a call with Andrew Behar the other day. But as usual, he was tracking a much broader range of topics and I wound up typing from a recording of our call.

It is fair to call Behar an unreconstructed true believer in the power of shareholder voting to change corporate behavior and improve returns. He stands against pressure from various Republican politicians who say the work of As You Sow and allies diminishes profits. 

Behar says many companies will not freeze out investors as new Trump administration policies could allow, since executives will be more concerned with keeping investors on board and keeping access to non-U.S. markets.

You can click the button below to read the column and watch our Q&A video.

Read my column here
 

Company news

  • Amid the Trump administration's immigration raids in Democratic-run cities around the country, a group of Home Depot investors wants the retailer to spell out how its data is used and shared with law enforcement. Migrant day laborers often gather at Home Depot stores.
  • Trump pressed his intention to cap credit card interest rates, and JPMorgan Chase CEO Jamie Dimon warned the proposal would amount to economic disaster.
 

A sign at a business’ parking lot reads “Stop. ICE Is Not Allowed To Use This Parking Lot,” in Minneapolis, Minnesota, U.S., January 11, 2026. REUTERS/Brian Snyder/File Photo 

  • Many small businesses in Minnesota have barred U.S. federal agents from their premises, but officials have had little luck convincing local corporations like Target to take similar steps as immigration raids continue, my colleagues and I learned.
 

On my radar: business leader edition

  • A gripe of Wikipedia co-founder Jimmy Wales was that big tech companies were training their LLMs with his online baby. Good news for him, the service's parent said that Amazon.com, Meta Platforms and Microsoft became "enterprise" partners.
  • BlackRock CEO Larry Fink, who now helps run the Davos conference, said at an opening event that income inequality is unsustainable for a healthy society, with AI poised to exacerbate the situation.
  • The head of the U.S. Chamber of Commerce, Suzanne Clark, called on CEOs to be "fearless" in defense of free markets, but analysts and investors see American business leaders cowed by pressure from the Trump administration, I heard while reporting this piece.
 

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