Corporate Governance
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American Airlines inks deal with Bill Gates-backed carbon removal startup
The Fort Worth-based airline is the first commercial customer for Graphyte and is purchasing 10,000 tons of carbon removal credits.
By Zoya Mirza • Nov. 29, 2023 -
Starbucks introduces oversight committee to improve governance
The coffee chain said the Environmental, Partner and Community Impact committee will help improve its supply chain operations and employee relationships.
By Zoya Mirza • Nov. 22, 2023 -
Global Reporting Initiative proposes climate change, energy standards
The key focus of the two proposals is on how organizations can cut their greenhouse gas emissions and reduce energy consumption.
By Lamar Johnson • Nov. 22, 2023 -
Amazon prioritizing ESG in procurement, but gathering data is ‘increasingly painstaking’
Buyers said getting information from suppliers is difficult because of research and data collection challenges combined with time constraints.
By Zoya Mirza • Nov. 21, 2023 -
Garments burned for fuel in Cambodia factories causing health and environmental issues
Waste from 19 companies including Adidas, Gap and Lululemon has been identified by the Cambodian League for the Promotion and Defense of Human Rights.
By Lara Ewen • Nov. 21, 2023 -
Verizon launches annual industry wide climate risk survey
The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.
By Lamar Johnson • Nov. 17, 2023 -
CalPERS aims to double climate investments to $100B by 2030
The country’s largest pension fund said it would integrate ESG into its investment strategy and divest from companies “without credible net-zero plans.”
By Zoya Mirza • Nov. 16, 2023 -
(2021). [Photograph]. Retrieved from Office of the Texas Governor.Deep Dive
The ESG battle: 4 key states shaping regulatory discourse in the US
Left-leaning California and New York and conservative-led Florida and Texas have stepped up regulatory measures to underscore ESG’s role — or lack thereof — in their jurisdictions.
By Lamar Johnson , Zoya Mirza • Nov. 16, 2023 -
Sustainable Apparel Coalition CEO to step down
Amina Razvi will leave the nonprofit coalition of fashion industry brands in December.
By Laurel Deppen • Nov. 16, 2023 -
ESG conferences to plan for in 2024
Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.
By Zoya Mirza , Lamar Johnson • Nov. 13, 2023 -
Deep Dive
Making the case for women-owned banks
Three women-owned banks have emerged in the last several years with the shared goal of increasing access to capital for female entrepreneurs.
By Anna Hrushka • Nov. 13, 2023 -
CEO-worker pay gap rising and ‘bad for business’: report
Recent research indicates CEO pay practices lead to governance issues as they spur “executive recklessness” such as mass layoffs, tax evasion and more that puts the economy at risk.
By Zoya Mirza • Nov. 13, 2023 -
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.
By Jim Tyson • Nov. 9, 2023 -
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.
By Zoya Mirza • Nov. 9, 2023 -
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.
By Zoya Mirza • Nov. 8, 2023 -
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.
By Zoya Mirza • Nov. 6, 2023 -
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.
By Zoya Mirza • Nov. 3, 2023 -
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.
By Zoya Mirza • Nov. 2, 2023 -
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.
By Lauren Schenkman • Nov. 1, 2023 -
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.
By Gabrielle Saulsbery • Nov. 1, 2023 -
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.
By Zoya Mirza • Nov. 1, 2023 -
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.
By Zoya Mirza • Nov. 1, 2023 -
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.
By Zoya Mirza • Oct. 31, 2023 -
More than half of consumers consider sustainability in food purchases - TetraPak
Although many respondents said they are struggling financially, only 17% indicated a desire to give up purchasing higher-priced food and beverages that are environmentally friendly, organic or healthy.
By Chris Casey • Oct. 30, 2023 -
Most Americans still uncertain about ESG, but consider it when making decisions: report
A majority of those surveyed feel there is a “trust gap” between what most companies say they do for ESG and their actual behavior.
By Zoya Mirza • Oct. 27, 2023