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Your Guide to What the 2024 US election means for Washington and the world

On Monday, as the newly sworn-in President Donald Trump Office has partnered The US government now recognizes only two genders, male and female, a victory for corporate diversity applauded, loudly, in Davos.

It was directed by a boss who spoke at an event in the world economy channels about a transgender employee who has long dreamed of adopting a girl and buying a house for her mother.

“A few months ago, he came up to me and he said, ‘I’ve done both,'” said the boss, who was happy with the moments that sought to make workers who wanted to make the workforce more diverse and attached.

The name of this woke business warrior? Priya Agarwal Hebbar, Chaird of India Zinc Mining Company Company and non-executive director of Vedanta Mining and Energy Conglomerate founded by her father, Anil Agarwal.

For the avoidance of doubt, the idea of ​​a Woke Mining Boss makes as much sense as Trump taking to yoga.

Hebbar is not really the Leader of DAVOS to explain the MAGA Vire of Corporate Life initiated by the boardomes and found the steps found.

“We’re not going to change course,” Uber Chief Executive Dara Khosrowshahi said in an interview with Ft. “We think that the establishment of an employment group that is diverse, that is global, that thinks about all aspects of the business, that is positive, that is very business.”

Ralph Lauren Boss Patrice Louvet said:

Yet Davos also showed Trump’s war on what he later called “Absolutely The nonsense of the “discriminated” steps of the dei cannot be ignored. I have not heard a chief executive of the World Economic Forum gathering using language as blunt as Trump’s. But the nods of the President’s pledge to make America a “Merit-based Nerito” nation.

“We need to create an environment where people feel included and It should be a meritocracy where everyone has a chance to succeed,” Rich Smaller, the global head of the consulting group in Boston, told a forum event.

Trump’s approach may anger some business leaders to follow Meta, McDonald’s, Walmart and other major US corporations that have forgotten their Dei programs.

And it’s easy to imagine that executives itching to end work-from-home policies could be spurred into action by Trump’s day. an order For Federal Workers to be able to return to their offices five days a week.

But things are more complicated when it comes to Trump’s push to make fossil fuels good again.

Wall Street banks have already acquired Net Zero Alliances after Trump’s re-election, prompting DAVOS to reckon that the future of banking is the future of banking. Department Detts.

And many executives say they will now privately talk about saving the planet and more about the “sustainability” that boosts their climate work.

Yet 40 chief executives met in the Swiss town of Skiss to advance their sectors that support and protect the environment. “That suggests there is another side to the Esg Backlash Story,” said Jack Hurd, Head of Environment at the World Economic Forum.

And other leaders say years of experience show the fiscal wisdom of carbon-cutting measures.

“Incredibly useful from an economic point of view,” Jesus Brickin, Chief Executive of the Ingka Group, the main maker of IKEA, told me as Davos ended.

Cutting emissions from supply chains and operations focused attention on resources and costs which in turn helped Inga’s revenues grow 24 percent from 2016, while carbon emissions fell to 30 percent, he said.

Andrew Forest, the Australian Billionaire who is determined to turn around his cortescue iron ore mining group in the Green Industry Showcase, has a similar story. Although he is only one third of the decarbonisation plans, he says the economic case for it.

Companies that jumped on the Anti-ESG bandwagon and said, “We’re just going to roll forward, heavy icebergs,” are a surprise, he said. “You’re going to be like the Titanic because the climate doesn’t care about our politics, and it’s getting worse.”

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