What I’m finding very helpful about companies who mindlessly virtue signal is that it helps clue me in that they may not have anything substantive going on in terms of their corporate social responsibility, and they’re (consciously or not) deflecting from that.
With the controversies highlighted upthread, Oatly seem to be firmly in this camp.
It helps me find companies that actually do align with the relevant ethical values that I’m looking for: no palm oil in my peanut butter, fair trade in my coffee and sugar, no sweatshops in my clothing, no deforestation in my milk substitutes etc. Whether a beverage producer endorses my position on pronouns is utterly irrelevant. They can console themselves that I’m a hopeless dinosaur with no social conscience if they like, it’s their bottom line that will suffer when they find out they’re wrong!