Legion Partners Target Genesco For Trumpeting ESG Actions
The sudden injection of ESG matters into an otherwise straightforward proxy fight at a Nashville-based shoe retailer is a reminder that ESG activism is still a work in progress. Q1 2021 hedge fund letters, conferences and more Legion Partners Target GenescoYesterday, Legion Partners Asset Management took aim at target Genesco Inc. (NYSE:GCO) for trumpeting its actions on ESG and diversity, equity, and inclusion (DEI) over the past year, including the formation of a board subcommittee devoted to ESG. Despite the activist previewing this attack in an investor presentation earlier this week, it r...