The ESG Weekly: China's Education Company Crackdown and Harassment at Activision
In a sweeping overhaul of its private education sector, China issued new regulations that requires the USD 100 billion industry to register as a non‐profit. The move threatened to wipe out billions of dollars of market capital for any publicly listed Chinese education company and ignited a debate around profits, education, and private capital. We discuss what the move means from a local standpoint, a market standpoint, and from an impact investor standpoint. Then we discuss the ongoing sexual harassment controversy at Activision Blizzard that led to thousands of employees walking out of their jobs in protest this week.
