Activision Blizzard Ends Criticized Workplace Policy, Amid Probe -- ESG Insight

Commentary by Christian Brunnstrom, research analyst, ESG & impact investing

Activision Blizzard Inc. CEO Bobby Kotich said Thursday that the company would stop mandatory arbitration for internal harassment and discrimination claims. The statement comes amid an ongoing investigation by the SEC into the company's handling of sexual misconduct and workplace discrimination, and whether the company disclosed information of such issues to investors in a timely manner. Human-capital concerns as well as leadership and governance issues have shadowed the videogame company since it was sued by the California Department of Fair Employment and Housing in June for allegedly discriminating against female employees.

Write to Christian Brunnstrom at christian.brunnstrom@dowjones.com

ESG Insights are written by The Wall Street Journal's ESG research analysts, whose commentary is independent of the news coverage by reporters at the Journal.

(END) Dow Jones Newswires

October 28, 2021 13:46 ET (17:46 GMT)

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