Social Responsibility: Page 2

  • An AutoNation Chevrolet car dealership.
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    Centralized HR can reduce racism in hiring, study shows

    Researchers submitted 84,000 applications using racially distinctive names and found that racism was more prevalent when callbacks came from individual hiring managers and local stores.

    By Carolyn Crist • April 19, 2024
  • Formula 1 Driver Sebastian Vettel drives during the Monaco Grand Prix.
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    Christian Alminana via Getty Images
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    Formula 1 ‘on track’ to reach net-zero status by 2030 after emissions reduction: report

    The international racing body said its carbon footprint decreased by 13% from 2018 to 2022.

    By April 18, 2024
  • Visual displaying components of ESG. Explore the Trendline
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    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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    Brandon Bell via Getty Images
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    Two-thirds of ‘sustainable’ passive funds are supporting fossil fuel expansion: Reclaim Finance

    Greenwashing threatens efforts to advance sustainability goals, researchers from the climate nonprofit say.

    By Suman Bhattacharyya • April 8, 2024
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    Zoya Mirza/ESG Dive
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    Regulation compliance and curbing emissions were key themes at Responsible Business USA 2024

    Panel discussions centered on decarbonizing supply chains, navigating a complex political climate, preparing emissions disclosures and more.

    By April 3, 2024
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    YayaErnst via Getty Images
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    Congressional DEI office closes as part of government cuts

    While shrinking resources are to blame, this marks another sign of a DEI backslide in the U.S.

    By Caroline Colvin • April 1, 2024
  • Outside shot of Citigroup HQ with a sign with the Citi logo in the shot
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    Mario Tama via Getty Images
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    Citi says 71% of energy clients lack substantive transition plan or ‘ability to execute’

    The bank made the disclosure in its latest climate report in response to a proposal that had been put forward by shareholder advocacy group As You Sow.

    By April 1, 2024
  • Nissan President and Chief Executive Officer Makoto Uchida.
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    Courtesy of Nissan Motor Co. Ltd
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    Nissan’s new EV plan aims for significant cost reduction

    ‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.

    By Eric Walz , Michael Brady • March 29, 2024
  • A clinical pharmacist prepares to administer a COVID-19 Vaccine.
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    Chris Jackson via Getty Images
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    Patients and social initiatives focus of sustainability strategy: AstraZeneca and Lilly

    Improving health outcomes requires better treatment, but “it also means [having] a healthy planet, which is integral to having a healthy body,” AstraZeneca’s CFO said at Responsible Business USA.

    By March 28, 2024
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    Galina Shafran via Getty Images
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    Sustainable sourcing platform Circular eyes expansion with $10.5M in funding

    Circular plans to expand internationally, add employees and introduce materials besides plastics to the platform.

    By Katie Pyzyk • March 28, 2024
  • Dillard’s pays $70K to worker who claimed retaliation for reporting race, pregnancy bias

    A store manager rescinded the employee’s existing accommodation and punitively transferred her, EEOC alleged.

    By Ryan Golden • March 26, 2024
  • The curved banner of a Walmart store, the brand name in white letters and the characteristic yellow sunburst logo to the right, against a blue sky.
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    Daphne Howland/ESG Dive
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    Flexing for the planet: How Walmart crushed its supplier emissions target

    The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.

    By Ben Unglesbee • March 22, 2024
  • Building and assembling a construction wind turbines farm by a crane
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    Olya Solodenko via Getty Images
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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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    Caiaimage/Caiaimage/Robert Daly via Getty Images
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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
  • Shoppers seen leaving a Target store.
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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
  • Boston skyline with a view of Prudential Center
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    Maddie Meyer via Getty Images
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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
  • Oil rigs at sunset
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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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    AzmanL via Getty Images
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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
  • SCOTUS affirmative action ruling
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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
  • Gary Gensler smiles as he prepares to sit and testify
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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
  • Business man talking to his team in a meeting at the office.
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    Getty Creative via Getty Images
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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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    Michael M. Santiago via Getty Images
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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
  • The eBay logo is displayed on the roof of eBay headquarters.
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    Justin Sullivan via Getty Images
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    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