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  • FTC antitrust law
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    Chip Somodevilla via Getty Images
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    ESG promises won’t help win antitrust approval, says FTC Chair

    Non-statutory commitments, even those advancing social justice goals, will always be rejected as outside the bounds of the law, FTC Chair Lina Khan said in remarks.

  • Voting signs laid out across the grass.
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    Andrew Spear via Getty Images
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    Election results bring potential social implications for Ohio corporations

    The support for reproductive rights could have companies such as Kroger and Procter & Gamble, which are headquartered in the Buckeye State, evaluating their corporate social policies.

  • Youngkin sits, mouth slightly downturned with both hands on his right knee in a blue suit and green tie with a microphone. Blue background with The Economic Club of Washington, D.C., in white and red.
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    Chip Somodevilla via Getty Images
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    Democrats take control of Virginia legislature, clouding governor’s climate, abortion plans

    The election results mean stricter emission standards enacted two years ago will be the guidepost for Virginia-based auto manufacturers beginning in 2025 and more abortion protections could be on the way for all state employers.

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    David McNew via Getty Images
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    SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

    Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

  • Committee Chair Jason Smith is seated speaking center with ranking member Richard Neal on his left, photo right, and Vern Buchanan to the right, photo left. Three reps out of focus below.
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    Drew Angerer via Getty Images
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    House Republicans argue Labor Department ESG rule runs afoul of tax code

    The Committee on Ways and Means’ majority raised objections to the Biden administration rule and called it a tactic to “use retirement savings to finance a political agenda.”

  • A man walks into a BlackRock office building.
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    Andrew Burton via Getty Images
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    Gender-balanced workforces outperform rivals: BlackRock

    A new study from the world’s largest asset manager found increasing the gender diversity of a workforce and investing in women leads to economic gains.

  • Texas oil and gas field
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    dszc via Getty Images
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    Texas voters approve $10B energy fund, with most going to build gas-fired power plants

    The fund could allocate up to $7.2 billion for new construction or upgrades of dispatchable power generation. However, opponents called it a giveaway to fossil fuel developers.

  • solar panels farms cattle
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    Abhishek Chinnappa via Getty Images
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    How tech, venture capital can help food industry meet 2030 emissions goals

    Efforts like feed additives for cattle and implementing solar panels on farms can help producers decrease their carbon footprint, Ceres said in its latest report.

  • American Airlines jet taking off from an airport runway.
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    Joe Raedle / Staff via Getty Images
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    Conservative group takes aim at DEI policies of 3 major airlines

    America First Legal alleged that American, United and Southwest Airlines engage in “overtly” discriminatory practices in their diversity hiring and retention programs for women and people of color.

  • People talk during a business meeting.
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    jacoblund via Getty Images
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    Deep Dive

    The ‘less tangible’ social data in ESG creates reporting hurdles

    Social issues have historically fallen behind environmental and governance factors, a setback experts attribute to the ambiguity of what the “S” really encompasses.

  • A man in a black shirt against a black background with the apple logo in blue
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    Stephen Lam via Getty Images
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    Apple makes strides towards reaching 2030 carbon neutrality goal in Q4

    CEO Tim Cook said 300 suppliers have agreed to use 100% clean energy for the company’s manufacturing by 2030, when Apple plans to make all its products carbon neutral.

  • Businesswoman working with her coworker in a meeting room.
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    Edwin Tan via Getty Images
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    Credit union regulator proposes rule loosening hiring restrictions

    The National Credit Union Administration Board aims to expand career opportunities for individuals convicted of certain minor offenses and advance financial inclusion and equity within the credit union system.

  • An aerial view of a Texas Oil Refinery
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    Brandon Bell via Getty Images
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    Texas Comptroller adds 5 companies to divestment list for fossil fuel stance

    The additions are part of a growing list of names drawn by the Lone Star state, which now mentions more than 350 investment funds and 15 companies, including BlackRock, BNP Paribas and UBS.

  • Jim Jordan sits behind a podium with his right hand around a pen and resting on his chin. Out of focus, the podium reads "Mr. Jordan, Chairman."
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    Chip Somodevilla via Getty Images
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    House Judiciary subpoenas ESG, net-zero advocates alleging antitrust violations

    Chair Jim Jordan subpoenaed financial coalition GFANZ and advocacy group As You Sow, whose CEO called the warrant “unfounded” and said the underlying allegations are “twisting the facts.” 

  • Aerial view of the Niagara River along the U.S.-Canada border.
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    John Moore via Getty Images
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    Few companies on track to meet water sustainability targets: Ceres

    The sustainability nonprofit evaluated 72 companies from water-intensive industries, including PepsiCo, Coca-Cola, Unilever, Kellogg and Kraft Heinz.

  • Two green roads, bordered by yellow paint, converge on an asphalt road with arrows pointing forward away from the frame.
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    imagedepotpro via Getty Images
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    Deep Dive

    After years of confusion, global ESG reporting frameworks are coalescing

    While the global reporting community has yet to fully adopt the International Sustainability Standards Board’s standards, they are building momentum as a reporting baseline.

  • Makeup and accessories displayed on a store counter.
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    Jason Kempin via Getty Images
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    Estée Lauder says it has hit global pay equity target in select sectors

    The beauty and fragrance brand also said it has reached carbon neutrality for scope 1 and scope 2 emissions for the fourth consecutive year during an earnings call.

  • three lines of binary code begin on the left, blue on top, magenta in middle and yellow below. The lines expand then intersect as lines then jumble 1s and 0s in rectangles on the right.
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    NicoElNino via Getty Images
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    Bain-backed data infrastructure tool ESG Flo bags $5.25M

    The AI-powered platform maker, the first venture from Bain’s Founder’s Studio, said it will use the funding to provide solutions for Europe’s sustainability reporting law and an upcoming SEC climate disclosure rule.

  • A close up of a person's New Balance sneakers in bright colors.
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    Juan Naharro Gimenez/Getty Images via Getty Images
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    New Balance, Reformation among brands launching sustainable footwear collective

    The group’s proposed solution is to collectively minimize waste, reduce emissions and bring a circular approach to the footwear industry.

  • Workers install solar panels on the roof of a building.
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    Joe Raedle via Getty Images
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    Most organizations lack a fully established ESG reporting framework: report

    Heightened scrutiny around environmental, social and governance issues is impacting a company’s operations on every front, including its lease management, according to a study from Visual Lease.

  • People walk by a Nike store.
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    Feng Li via Getty Images
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    Apple, Nike and others back new clean energy project to decarbonize supply chains

    The Clean Energy Procurement Academy, whose founding members also include Amazon, Meta and PepsiCo, aims to boost clean energy procurement and curb emissions.

  • A person walks across a landfill in India with a bale of recyclables on their head.
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    Daniel Berehulak via Getty Images
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    Deep Dive

    New regulations seek to expose fashion greenwashers’ true colors

    In Europe, governments plan to prohibit fashion companies and other industries from making vague or misleading environmental claims, and the U.S. could soon do the same.

  • A person walks along a flooded sidewalk with a panel glass storefont to their left and a large white sign with "Pharmacy" in bold blue letters in the background and two cars driving on the far right.
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    Michael M. Santiago via Getty Images
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    Bloomberg launches AI tool to help businesses navigate climate risks

    The tool, launched in partnership with Riskthinking.AI, will give businesses predictive exposure data under all of the IPCC’s climate scenarios.

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    Drew Angerer / Staff via Getty Images
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    TD buys carbon removal credits

    Over four years, TD said it will purchase 27,500 metric tons of direct-air-capture carbon dioxide removal credits from Occidental Petroleum. Financial details of the transaction were not disclosed.

  • Sultan Ahmed Al Jaber speaks at a climate change conference.
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    Sascha Schuermann via Getty Images
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    COP28 president, energy groups urge governments to triple renewable power by 2030

    A joint report released ahead of the summit outlines key steps economies can take to transition to a clean energy system and get back on track to reach the 1.5°C Paris Agreement goal.