Following the Charlottesville, Virginia, “Unite the Right” rally earlier this month, some of the world’s largest corporations—known for developing computers and running financial services—have made political statements with one of their most important resources: capital.
On Monday, Peter Scher, JPMorgan Chase & Co.’s head of corporate responsibility, told employees that the banking giant would donate $1 million to the Southern Poverty Law Center and the Anti-Defamation League, two organizations that fight for civil rights and against hate groups. The SPLC and the ADL have openly admonished several of President Donald Trump’s policy suggestions. In his memo to employees, Scher said the donation was partly in response to the tragedy that struck Charlottesville, when the rally, which featured white nationalist protesters, ended in the death of one woman and injury of 19 others.
