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Overview
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Adasina Social Capital launched an ETF focused on racial justice, emphasizing the lack of social-focused ESG products in the market. The CEO highlighted the importance of addressing racial injustice in finance, discussing the wealth gap and systemic racism. Various ETFs like Social Justice All Cap Global ETF and Impact Shares NAACP Minority Empowerment ETF are mentioned, focusing on social justice criteria and engaging with companies for change. Asset managers face challenges due to anti-ESG efforts, but there is a push for more diversity and inclusion in corporate engagements.
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How might the launch of an ETF focused on racial justice impact the investment landscape and corporate governance?
In what ways can the role of investing in social justice contribute to broader societal change and economic equality?
What are the potential challenges and benefits of increasing the focus on DEI initiatives and shareholder resolutions?
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