As You Sow

07/23/2026

Today we released the third edition of Capturing the Diversity Benefit, a nine-year analysis of company reported workforce composition data from 1,482 public companies over the nine years 2016-2024, totaling more than one million data points.

The headline: greater BIPOC representation in management was consistently and significantly correlated with stronger income, revenue growth, return on equity, return on invested capital, free cash flow, and long-term share price. Concentrated White-male management was the most consistently negative financial signal in the dataset.

The bottom line: workforce composition is decision-useful financial information. Boards ignoring these signals or walking back diversity programs because of political pressure, may be lowering returns and ignoring fiduciary duty. Investors ignoring these signals cannot make informed decision to help their portfolio outperform.

Read the full report:

The analysis of 1,482 U.S. based and publicly traded companies between 2016 and 2024 strongly indicates that a diversity benefit exists; companies should be attentive and proactive in capturing it.

07/23/2026

TODAY at 10:00am PT, As You Sow releases the Third Edition of Capturing the Diversity Benefit, our most comprehensive look yet at the link between workforce diversity and financial performance.

We analyzed more than a thousand companies across nine years and over a million data points, and the results confirm that a diverse management team leads to financial outperformance and all white-male management teams underperform financially.

As boards across corporate America consider their commitment to diversity and inclusion, this report puts the fiduciary question front and center. There's still time to register:

Please join us on July 23 at 10:00am pacific for the release of the Third Edition of: Capturing the Diversity Benefit: Workforce Diversity Linked to Financial Performance Be the first to see the findings of our updated Diversity Benefits reports that now cover 1,482 companies across nine years 2016-...

07/22/2026

Tomorrow, we're releasing nine years of diversity research that boards of directors cannot afford to ignore.

Join us on July 23 at 10:00am PT for the launch of the third Capturing the Diversity Benefit: Workforce Diversity Linked to Financial Performance. It includes analysis of 1,482 companies over nine years, drawing on more than a million standardized data points.

The report confirms that a diverse management team leads to financial outperformance and all white-male management teams underperform financially.

Register now to be among the first to see the data and join the conversation.

Please join us on July 23 at 10:00am pacific for the release of the Third Edition of: Capturing the Diversity Benefit: Workforce Diversity Linked to Financial Performance Be the first to see the findings of our updated Diversity Benefits reports that now cover 1,482 companies across nine years 2016-...

07/17/2026

Boards of directors take notice! If you are making critical decisions about whether to preserve or dismantle diversity and inclusion programs you need to join us on July 23 at 10:00am PT when As You Sow releases data that needs to be part of that decision.

The Third Edition of Capturing the Diversity Benefit analyzes 1,482 companies over nine years, from 2016 to 2024, drawing on more than a million data points. It confirms that a diverse management team leads to financial outperformance and all white-male management teams underperform financially.

This means that a diverse workforce and management team is not a political decision. It is a financial one. Our research asks directly: does rolling back diversity and inclusion programs amount to an imprudent financial decision by the board of directors? Given nearly a decade of evidence showing that diverse teams make more money, this report should not be ignored.

Boards weighing these choices and investors trying to optimize their portfolio returns cannot afford to sit this one out. Register now and base your decisions on the data not politics.

Please join us on July 23 at 10:00am pacific for the release of the Third Edition of: Capturing the Diversity Benefit: Workforce Diversity Linked to Financial Performance Be the first to see the findings of our updated Diversity Benefits reports that now cover 1,482 companies across nine years 2016-...

06/22/2026

Today! As You Sow is hosting a live webinar at 9:30 a.m. PT / 12:30 p.m. ET on the SEC's semiannual reporting proposal and what it could mean for the transparency that investors depend on.

Danielle Fugere, As You Sow's President and Chief Counsel, moderates alongside Professor James Park (UCLA School of Law) and Professor Sergio Alberto Gramitto Ricci (Hofstra University School of Law) — two leading experts in corporate law and securities regulation.

This is a pivotal moment for disclosure policy. We hope you'll join us.

🔗 Register here: https://us06web.zoom.us/webinar/register/WN_w9UJ91jzQV-c_bXOGGSZEA

Please join us on Monday, June 29, at 9:30 am PT / 12:30 pm ET for a timely discussion on The SEC’s Semiannual Reporting Proposal: Implications for Investors, examining the proposal’s potential effects on corporate disclosure, market transparency, shareholder engagement, and long-term market inc...

06/19/2026

The SEC is considering a proposal that would cut corporate reporting from quarterly to semiannual. It has been framed as a simple procedural change. The implications for investors are anything but.

Join As You Sow this Monday, June 29 at 9:30 a.m. PT / 12:30 p.m. ET for a timely webinar examining what this proposal would mean for corporate disclosure, market transparency, shareholder engagement, and long-term market incentives.

As You Sow President and Chief Counsel Danielle Fugere will moderate a conversation with two of the leading minds in corporate law and securities regulation — Professor James Park of UCLA School of Law and Professor Sergio Alberto Gramitto Ricci of Hofstra University School of Law. The panel will also look at how AI and technology are reshaping how investors access and understand disclosure and what alternatives exist for delivering and correcting corporate information.

If you care about investor rights and the future of market transparency, this is the conversation to catch.

🔗 Register now: https://us06web.zoom.us/webinar/register/WN_w9UJ91jzQV-c_bXOGGSZEA

Please join us on Monday, June 29, at 9:30 am PT / 12:30 pm ET for a timely discussion on The SEC’s Semiannual Reporting Proposal: Implications for Investors, examining the proposal’s potential effects on corporate disclosure, market transparency, shareholder engagement, and long-term market inc...

06/19/2026

We filed a Freedom of Information Act lawsuit against the Department of Labor (DOL) to demand that they do their job. This process started over two years ago, when we made a straightforward request of the DOL asking for release of EEO-1 workforce data that companies have been required to file since 1966. It's public information that investors require to understand how workforce composition tracks with financial performance.

The DOL acknowledged the request. Then it went quiet. Multiple inquiries, multiple administrative appeals, a fee waiver granted — and still not a single record produced, with no indication of when that might change.

This lawsuit matters because the data is material – meaning that investors require it to make informed fiduciary decisions. Our 2023 Capturing the Diversity Benefit report analyzed EEO-1 filings from 1,641 companies over five years and found statistically significant correlations between greater workforce diversity and financial outperformance across eight key metrics, including return on equity, return on invested capital, and long-term revenue growth. EEO-1 reports are the standardized baseline that lets investors, researchers, and journalists to evaluate companies independently, rather than relying on whatever a company chooses to disclose.

As our President and Chief Counsel Danielle Fugere put it, “without access to this information, investors are flying blind.”

The principle is simple, and our CEO Andrew Behar said it best: “free markets require the free flow of information. When the public loses access to objective data, accountability erodes and progress becomes impossible to measure.”

So now we're asking the court to order the release of the records that should have been available all along.

Read our full press release here: https://www.asyousow.org/press-releases/2026/6/17/izcj0q9dkbek5xw3y52kuo2px5c58x

As You Sow SUES U.S. Department of Labor Over Withheld Workforce Diversity Data

06/18/2026

Last week, inflation hit a three-year high of 4.2%. Energy accounted for more than 60% of the increase. Without the oil shock from the Strait of Hormuz closure, inflation would be sitting near the Fed's target.

For three decades, shareholders representing trillions of dollars in assets have engaged the oil and gas majors directly, asking them to measure their transition risk, set emissions targets, and redeploy capital toward home-grown renewable energy that would protect future profits and the retirements of millions of pensioners and 401(k) holders invested in these companies. This is what responsible fiduciaries do when management is steering toward a cliff.

Our work to promote energy diversity with clean, renewable alternatives has never been about ideology. An economy hostage to a single commodity, whose price is set by global events, will keep absorbing shocks like this one, and so will every portfolio that holds the broad market.

Our CEO Andrew Behar makes the case in ImpactAlpha this morning: America doesn't have an inflation problem. It has an oil problem.

https://impactalpha.com/america-has-a-fossilflation-problem/

04/16/2026

Proxy Preview 2026 is here!

Join As You Sow and Proxy Impact at 10 a.m. PT for the launch webinar of the 22nd edition — the definitive insider's guide to this year's shareholder resolutions on climate, AI, human rights, fair labor, racial justice, reproductive rights, biodiversity, and more.

If you're an investor, advocate, or just want to understand what shareholders agree are the most critical issues of our time — this is the one to catch.

Register here: https://us06web.zoom.us/webinar/register/WN_if_ii6J8T-246tM29Y2I8w #/registration

Modernize workflows with Zoom's trusted collaboration tools: including video meetings, Zoom Chat, VoIP phone, webinars, whiteboard, contact center, and events.

04/13/2026

Proxy Season Is Here! And so is the resource you need to navigate it.

The launch webinar for Proxy Preview 2026 is this Thursday, April 16 at 10 a.m. PT. Now in its 22nd year, it remains the most comprehensive guide to environmental, social, and sustainable governance shareholder resolutions — covering climate change, AI, human rights, political spending, racial justice, biodiversity, reproductive rights, and so much more.

This year's edition also digs into new challenges to shareholder rights from the SEC and those opposed to free-markets. If you care about what investors agree are the most critical issues of our time, join us.

It's free. Register for the webinar below. 👇

https://us06web.zoom.us/webinar/register/WN_if_ii6J8T-246tM29Y2I8w #/registration

Modernize workflows with Zoom's trusted collaboration tools: including video meetings, Zoom Chat, VoIP phone, webinars, whiteboard, contact center, and events.