Corporate Governance: Page 2


  • President Trump signs an executive order behind his desk in the oval office.
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    Chip Somodevilla via Getty Images
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    Federal judge blocks parts of Trump’s private-sector DEI order

    The White House’s enforcement threat against private-sector DEI programs is “textbook viewpoint-based discrimination,” according to the Feb. 21 decision.

    By Ryan Golden • Feb. 27, 2025
  • EU issues a preliminary finding that Apple violates the Digital Market Act
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    Scott Olson via Getty Images
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    Apple shareholders emphatically reject anti-DEI proposal

    More than 97% of voting shareholders dismissed the proposal by a conservative think tank asking Apple to “cease DEI efforts” at its annual meeting.

    By Feb. 26, 2025
  • A sign for an Ikea furniture store is seen on February 26, 2024 in Round Rock, Texas.
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    Brandon Bell via Getty Images
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    Ikea revises zero emission delivery goal, lowers ambition

    The global furniture retailer said it was revising a goal to use zero emission vehicles for home deliveries by 2025 and now aiming to reach 90% of this target by 2028.

    By Feb. 26, 2025
  • Shot of Morgan Stanley logo
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    Mario Tama via Getty Images
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    Morgan Stanley, Capital One downplay DEI efforts

    A Morgan Stanley filing highlights its proportion of women and ethnically diverse employees but contains a statement on “meritocracy.” Meanwhile, Capital One isn't touting pay equity like it used to.

    By Dan Ennis • Feb. 26, 2025
  • SEC seal outside Washington D.C. building
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    Chip Somodevilla via Getty Images
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    SEC updates guidance on ESG engagement disclosures, prompts temporary confusion

    BlackRock and Vanguard, the nation’s largest asset managers, temporarily paused shareholder engagement meetings after a recent update to agency guidance.

    By Feb. 25, 2025
  • View of trees from corporate building
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    Fahroni via Getty Images
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    Asset owners demand greater transparency on ESG amid increased scrutiny: Cerulli

    Pressure from regulators and stakeholders is driving a demand for accountability, but reporting standardization hurdles persist, analysts from the research firm said.

    By Suman Bhattacharyya • Feb. 25, 2025
  • A sign reads "Citibank" in a branch window, which reflects an American flag and taxi cabs on the street.
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    Michael M. Santiago / Staff via Getty Images
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    Citi tosses diversity goals, DEI label

    The lender is scrapping “aspirational representation goals” and diverse job candidate requirements, as more companies abandon diversity, equity and inclusion efforts.

    By Caitlin Mullen • Feb. 25, 2025
  • Defocussed shot of a team of businesspeople attending a meeting in a boardroom.
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    PeopleImages via Getty Images
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    Q&A

    Recent DEI shifts represent an ‘evolution’ of the practice: Bridge

    Companies should understand the opportunities DEI programs present before assessing risk mitigation needs amid increased scrutiny, counsels DEI trade group CEO Sheryl Daija.

    By Feb. 24, 2025
  • People sit in a coffee shop.
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    Adam Gray via Getty Images
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    Starbucks’ DEI policies labeled ‘discriminatory’ in Missouri AG’s lawsuit

    A spokesperson for the coffee chain denied the claim and said the company’s hiring and benefits programs are “open to everyone and lawful.”

    By Ryan Golden • Feb. 24, 2025
  • Aerial view of wind turbines taken with a drone in Vermont.
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    Gabriel Shakour via Getty Images
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    Trump’s tariffs could raise onshore wind turbine costs by 7%, slow development: WoodMac

    Wind generation deployments could be reduced by nearly a third by the end of this decade due to the tariffs, according to a Wood Mackenzie analyst.

    By Emma Penrod • Feb. 21, 2025
  • The HSBC logo is seen outside a bank branch.
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    Matt Cardy via Getty Images
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    HSBC delays net-zero emissions goal by 20 years

    The U.K.-based bank said it was “revising [its] ambition” and delaying its target of hitting net-zero across its operations, business travel and supply chain from 2030 to 2050.

    By Feb. 20, 2025
  • Two people walk past a Chase bank branch.
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    Spencer Platt via Getty Images
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    Banks back away from DEI mentions

    JPMorgan Chase, Citizens and Huntington have reduced or eliminated their references to diversity, equity and inclusion amid a White House crackdown, according to the banks’ latest annual filings.

    By Caitlin Mullen • Feb. 20, 2025
  • The Wall Street street sign is visible in the foreground with a picture of a trader in front of the stock market on the left of the sign. Three american flags are out of focus in the background.
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    Spencer Platt via Getty Images
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    Dems ask SEC, DOL to not issue anti-ESG rules: Exclusive

    A coalition of 17 blue state finance officials sent a letter to the agencies to counter prior assertions made by their Republican colleagues.

    By Feb. 20, 2025
  • House Financial Services Committee Chair French Hill speaking
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    Anna Rose Layden via Getty Images
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    CSDDD is a ‘non-tariff barrier’ for US companies: House Financial Services Chair

    Rep. French Hill said during a webinar that the Corporate Sustainability Due Diligence Directive will create costly barriers for U.S. corporations to do business in and engage with the bloc. 

    By Feb. 19, 2025
  • JPMorgan Chase building signage in New York City
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    Michael M. Santiago / Staff via Getty Images
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    Climate change should be incorporated into ‘daily decision-making’: JPMorgan

    “Understanding climate risk is important for staying ahead in the financial landscape,” JPMorgan’s chief risk officer and global head of corporate advisory wrote in a new report.

    By Feb. 19, 2025
  • An array of solar panels stands on a farm
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    Robert Nickelsberg via Getty Images
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    Manufacturers’ 2025 sustainability priorities

    Companies are sticking with their long-term emissions goals and strategies amid changing federal regulations.

    By Michelle No • Feb. 19, 2025
  • Pennsylvania Gov. Josh Shapiro speaks at a podium.
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    Mark Makela via Getty Images
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    Pennsylvania Gov. Shapiro sues Trump admin over IRA funding freeze

    The state’s agencies have limited access to over $3.1 billion in funding for activities including distributed solar deployment, well plugging and weatherization, according to the lawsuit.

    By Diana DiGangi • Feb. 18, 2025
  • FCC Brendan Carr
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    Kevin Dietsch via Getty Images
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    Comcast-NBCUniversal faces FCC probe over ‘invidious’ DEI policies

    The agency’s new chairman says he’s concerned the cable TV, network and theme park operator continues to promote diversity, equity and inclusion.

    By Justin Bachman • Feb. 18, 2025
  • whistleblower program, Peirce, Uyeda, confidentiality
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    hapabapa via Getty Images
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    The SEC has requested to delay climate rule arguments. What’s next?

    Sustainable investing experts are not surprised by the delay and say it is expected to have minimal immediate impact.

    By Feb. 13, 2025
  • A brown recycling tage lies on top of a brown knit fabric.
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    triocean via Getty Images
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    Opinion

    Sustainability is a lasting fashion statement

    Brands can build consumer trust and increase shareholder value by considering ESG impacts, writes Marco Valverde, apparel national practice leader at Moss Adams.

    By Marco Valverde • Feb. 13, 2025
  • Accenture CEO Julie Sweet speaks onstage at the Yahoo Finance All Markets Summit on October 25, 2017 in New York City.
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    Cindy Ord / Stringer via Getty Images
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    Accenture rolls back DEI goals to comply with Trump’s EOs

    CEO Julie Sweet said the company would end its employee diversity representation goals and put “a greater focus on inclusion and a sense of belonging for all,” in an internal memo.

    By Feb. 12, 2025
  • Former EEOC Commissioner Chai Feldblum speaks at podium
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    Cheung, Lance. (2017). [Photograph]. Retrieved from Flickr.
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    Former EEOC commissioner weighs in on feds targeting private sector DEI

    Chai Feldblum said employers may consider framing their programs on inclusion and preventing discrimination, but she also expressed confusion over some of Attorney General Pam Bondi’s enforcement priorities.

    By Ryan Golden • Feb. 12, 2025
  • Mark Toshiro Uyeda testifies at a Senate hearing.
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    Tasos Katopodis via Getty Images
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    Acting SEC chair asks court not to schedule climate rule arguments

    “The Commission’s briefs previously submitted in the cases consolidated in the Eighth Circuit do not reflect my views,” Acting Chair Mark Uyeda said.

    By Feb. 11, 2025
  • The HSBC sign and logo pictured outside a bank branch.
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    Matt Cardy via Getty Images
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    HSBC taps global banking executive for chief sustainability officer role

    Julian Wentzel — previously HSBC’s head of global banking for the Middle East, North Africa and Turkey — becomes sustainability chief after serving as interim CSO.

    By Feb. 11, 2025
  • Roger Garbey (top) and Andres Hernandez, from the Goldin Solar company, install a solar panel system on the roof of a home a day after the Trump administration announced it will impose duties of as mu
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    Joe Raedle via Getty Images
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    EPA funding freeze endangers $7B Solar For All program

    “We don't know how much money got out the door, we don't know how much money the administration can seek to claw back,” said Vote Solar’s executive director, Sachu Constantine.

    By Diana DiGangi • Feb. 11, 2025