Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike

The company said it achieved carbon neutrality in some global operations through carbon offsets, despite a jump in scope 1 and scope 2 emissions overall.

By Zoya Mirza • Dec. 18, 2023

Decarbonization strategies require corporate buy-in, USGBC says

While Inflation Reduction Act funding is a “key lever to decarbonization,” building owners, operators and occupants must do more to ensure that the U.S. reaches its Paris Agreement goals, the U.S. Green Building Council says.

By Joe Burns • Dec. 15, 2023

Democratic senators press Gensler to expedite release of human capital disclosure rule

The updated rule — which requires companies to report on employee compensation, benefits, turnover data and more — is now slated for release in April 2024.

By Zoya Mirza • Dec. 15, 2023

Toyota’s carbon footprint rises despite emissions-curbing initiatives

The car manufacturer’s scope 1 and scope 2 emissions saw an increase from levels recorded last year, even as the company aims to be carbon neutral by 2035 across its North America operations.

By Zoya Mirza • Dec. 8, 2023

Lidl US’s first corporate social responsibility report outlines a dozen top goals for the company

The discounter said it aims to narrow its gender pay gap as well as reduce scope 1 and scope 2 greenhouse gas emissions by 70% by 2030.

By Catherine Douglas Moran • Dec. 8, 2023

Final SEC climate disclosure rule pushed to April 2024

The long-awaited timing update comes via the Biden administration’s regulatory agenda for next year, which also unveiled new timetables for other ESG-related proposals.

By Lamar Johnson • Dec. 7, 2023

DEI top priority for Coty as it expands global parental leave policy

The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.

By Zoya Mirza • Dec. 1, 2023

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

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

Is DEI losing its foothold in corporate America?

Although slight, the continued decrease in users reporting access to DEI programs may confirm 2023’s shift in DEI outlook.

By Caroline Colvin • Nov. 15, 2023

ESG and sustainability conferences to keep on your radar for 2024

Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.

By Zoya Mirza , Lamar Johnson • Updated June 7, 2024

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