Social Responsibility: Page 2


  • Building and assembling a construction wind turbines farm by a crane
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    Morningstar launches indexes on companies’ transition to low carbon economy

    The financial services firm believes the indexes offer “a very different way” for investors who want to target the climate transition, while “maintaining exposure to high carbon-intensive sectors.”

    By March 20, 2024
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    Support for ESG proposals fell by a third since 2021 record: Report

    “Politics clearly had a role to play and cast a chill on the top end of proposal voting,” according to Sustainable Investments Institute Executive Director Heidi Welsh.

    By March 15, 2024
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    Trendline

    Top 5 stories from ESG Dive

    This year is shaping up to be a formative one for ESG, both on the regulatory and financial front, with the SEC’s climate disclosure rule and the battle over shareholder rights and proposal approvals.

    By ESG Dive staff
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    Mark Wilson via Getty Images
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    Target, Starbucks top racial and gender pay scorecard while Nike slides: report

    The scorecard, the seventh annual from Arjuna Capital, surveyed over 128 companies across seven sectors.

    By March 14, 2024
  • Plastic waste on a sandy beach. Pollution of the waters of the world ocean by plastic. Polluted beach in Los Angeles, USA
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    Konoplytska via Getty Images
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    As You Sow stays the course with plastic reduction resolutions despite ESG headwinds

    “I think this is a really difficult year for shareholder resolutions,” said Kelly McBee, circular economy manager at As You Sow. To date, its 2024 consumer packaging efforts target Altria, Amazon and others.

    By Maria Rachal • March 14, 2024
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    Massachusetts pension fund updates ESG proxy voting policies

    The updates include additional information on how the state pension fund will vote on the “most important and scrutinized corporate governance topics among institutional investors.”

    By March 12, 2024
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    David McNew via Getty Images
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    Appeals court upholds oil permitting pause in California’s Kern County

    The ruling sends the county back to the drawing board on both its environmental report and amendments to its permitting process for new oil and gas wells.

    By March 11, 2024
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    Gender diversity on boards correlates with high credit quality: Moody’s

    Investors seek greater gender and racial diversity on corporate boards, according to the Securities and Exchange Commission.

    By Jim Tyson • March 8, 2024
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    SCOTUS affirmative action ruling leaves opening for corporate DEI, former AG Holder says

    A carve-out for military academies suggests that what applies to educational institutions doesn’t necessarily extend to the business world.

    By Suman Bhattacharyya • March 7, 2024
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    Drew Angerer via Getty Images
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    SEC drops scope 3 from final climate rule, takes phased approach to scope 1 and 2 reporting

    The agency said scope 3 was removed due to a large number of comments concerning compliance costs, as well as the consistency and reliability of scope 3 data.

    By Updated March 6, 2024
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    BSR puts spotlight on how companies engage on social issues with new guide

    The guide seeks to “meet the very real demand by business practitioners for resources, tools … to adequately respond to stakeholder demand for action on social justice matters.”

    By Feb. 28, 2024
  • People walk past the Nasdaq MarketSite on October 12, 2022 in New York City.
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    Nasdaq board diversity rule challenge will be reheard en banc

    The case will return to the 5th Circuit with the context of the 2023 Supreme Court ruling that struck down race-conscious admissions at colleges.

    By Kathryn Moody • Feb. 27, 2024
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    Justin Sullivan via Getty Images
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    Opinion

    A roadmap for corporate ESG reporting: eBay Chief Sustainability Officer

    The e-commerce platform’s chief sustainability officer, Renee Morin, explains how company executives can navigate the changing landscape of sustainability and governance. 

    By Renee Morin • Feb. 22, 2024
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    Lamar Johnson/ESG Dive
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    Push for climate policy and adaptation lead concerns at GreenBiz24

    More than 2,500 sustainability professionals flocked to Phoenix for the GreenBiz24 conference to hear the industry’s latest insights.

    By Feb. 21, 2024
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    Lamar Johnson/ESG Dive
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    GreenBiz24: US companies seek to understand EU CRSD impact

    While the process may be complex, it is important for companies to recognize they “are not starting from scratch,” Nado Saab, Mondelēz International’s director of ESG reporting told attendees.

    By Feb. 15, 2024
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    David McNew via Getty Images
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    Democrats join push to stop climate funding from going to farm biogas projects

    The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA. 

    By Sarah Zimmerman • Feb. 9, 2024
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    NFL vs. AFL: Common DEI opponent tries to tackle league’s Rooney Rule

    America First Legal filed a federal civil rights complaint alleging the league’s rule to increase its pipeline of diverse coaches is discriminatory.

    By Feb. 9, 2024
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    Legal chiefs, diversity officers view DEI differently, survey finds

    “The lack of alignment in the C-suite could pose new challenges for organizations in communicating and acting on their IE&D-related positions and values,” the Littler report said.

    By Lyle Moran • Feb. 2, 2024
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    useng via Getty Images
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    The ESG industry outlook on 2024: Climate disclosure rules, proxy voting and more

    The upcoming year will determine how national and international regulation, shareholder rights and proposal approvals, and scope 3 reporting influence the ESG landscape.

    By , Jan. 30, 2024
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    Scott Olson via Getty Images
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    Walgreens reports spike in scope 3, points to business travel and downstream transportation

    The retail pharmacy chain said it had reduced its overall carbon footprint by almost 25% compared to a 2019 baseline, despite a surge in scope 3 emissions.

    By Jan. 29, 2024
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    Global Reporting Initiative updates biodiversity reporting standards

    The standard for the first time includes increased transparency on impacts through the supply chain, as biodiversity loss is affecting every region of the world.

    By Jan. 26, 2024
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    Deep Dive

    2024 proxy outlook: What’s driving the ESG proposal approval dip?

    Major asset managers and a spate of anti-ESG proposals helped push approval rates down, yet even more ESG proposals are expected after a record 2023.

    By Jan. 25, 2024
  • DEI
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    Turning DEI policies into aspirations unlikely to stem bias lawsuits

    Companies face challenges from conservative anti-bias groups even after replacing explicit diversity, equity and inclusion goals with more broadly characterized aims.

    By Robert Freedman • Jan. 22, 2024
  • Vivek Ramaswamy speaks at a conference.
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    Anti-ESG crusader Vivek Ramaswamy drops out of 2024 presidential race

    The political newcomer ended his GOP White House bid after finishing fourth place in the Iowa caucuses and endorsed former President Donald Trump shortly after.

    By Jan. 17, 2024
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    Kaarin Vembar/ESG Dive
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    Walmart to pay $60K over claim it did not promote woman with young children

    The retailer promoted an employee who did not have young children, amounting to sex discrimination, the EEOC alleged.

    By Ryan Golden • Jan. 17, 2024
  • The U.S. Capitol Building as seen on a sunny day in Washington, DC.
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    Anna Moneymaker via Getty Images
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    What Congress’ new attempt to strengthen age bias laws means for employers

    The Protecting Older Workers Against Discrimination Act would restore the “mixed-motive” test struck down by a 2009 U.S. Supreme Court decision.

    By Ryan Golden • Jan. 11, 2024