Social Responsibility: Page 3

  • A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.
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    Justin Sullivan via Getty Images
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    Google, Meta, Microsoft, Salesforce launch coalition to contract carbon removal credits

    The Symbiosis Coalition aims to purchase up to 20 million tons of nature-based carbon removal credits for the tech companies by 2030.

    By • May 29, 2024
  • Photo looking up at high rises and Wall Street sign.
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    franckreporter via Getty Images
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    JPMorgan, Morgan Stanley shareholders modestly support Indigenous rights, climate proposals

    While voters did not approve shareholder resolutions at either meeting, the results displayed similar, if not greater, support as nearly identical proposals at other large U.S. banks.

    By • May 24, 2024
  • Visual displaying components of ESG. Explore the Trendline➔
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    TarikVision via Getty Images
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    Trendline

    Top 5 stories from ESG Dive

    This year has shaped 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
  • Picture of Shein office lobby.
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    Courtesy of Shein
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    Shein factory employees work long hours under poor conditions: report

    Following allegations from human rights group Public Eye, the fast fashion giant said it invests tens of millions of dollars into strengthening its supply chain governance and compliance.

    By Laurel Deppen • May 21, 2024
  • Red Hat DEI lawsuit filed by America First
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    Courtesy of Red Hat
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    Red Hat’s DEI program discriminatory, lawsuit says

    A senior manager says he was fired for being white and male and retaliated against for his merit-based hiring advocacy.

    By Robert Freedman • May 13, 2024
  • The Canary Wharf headquarters of Barclays Bank.
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    Oli Scarff via Getty Images
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    Barclays pressed on climate commitments and Gaza at annual meeting

    The bank was asked to pull back financing for its North American fracking operations during the meeting as it faced protests over its alleged ties to the war in the Middle East outside the venue.

    By • May 10, 2024
  • Shot of Google's NYC headquarters
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    Michael M. Santiago via Getty Images
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    Former Google workers file labor board complaint, say protest-related firings were illegal

    The ex-employees said the tech giant violated their labor rights when firing at least 28 employees for protesting against its cloud services contract with the Israeli government.

    By • May 3, 2024
  • HR Dive survey project perception
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    Adeline Kon/ESG Dive
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    No longer ‘en vogue’? What to do when DEI has fallen out of favor

    For those committed to nonhostile work environments, the task of centering inclusion and belonging has become more difficult. Here’s how to get DEI back on track at your organization.

    By Caroline Colvin • May 3, 2024
  • Indigenous environmental activists march with signs opposing additional oil pipelines
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    Chip Somodevilla via Getty Images
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    Indigenous rights, climate proposals receive votes at Citi, Wells Fargo meetings

    A proposal for banks to examine their policies on mitigating risks to Indigenous Peoples rights received 26% support at Citi. Wells Fargo declined to share preliminary results.

    By • May 1, 2024
  • The headquarters of the U.S. Equal Employment Opportunity Commission in Washington, D.C.
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    Ryan Golden/ESG Dive
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    EEOC finalizes harassment guidance, addressing remote work and gender identity

    Harassment can include “outing” individuals, misgendering, and prohibiting workers from using sex-segregated bathrooms consistent with their gender identity, the agency said.

    By Emilie Shumway • May 1, 2024
  • People walk up from the plaza at the Citigroup Center November 17, 2008 in New York City. Citigroup
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    Chris Hondros / Staff via Getty Images
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    Citi achieves $441B of its $1 trillion sustainable finance 2030 goal: report

    The bank has also met more than half of its goals to reduce its operational footprint by 2025.

    By • April 30, 2024
  • Workers seen at a nickel processing plant.
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    Ulet Ifansasti via Getty Images
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    UN-led panel to tackle ESG issues with new guidelines for ‘critical minerals’ mining

    The panel’s goals align with the Paris Agreement and the United Nations’ 2030 agenda for sustainable development, one of its co-chairs said.

    By • April 29, 2024
  • The exterior of a Citizens Bank is pictured.
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    Kate Tornone/ESG Dive
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    Citizens Bank funds green jobs program for New York’s offshore wind sector

    The bank’s philanthropic arm will commit $600,000 over two years to financially support Brooklyn-based youth in pursuing careers in the renewable energy sector.

    By • April 26, 2024
  • A person walks past the European Parliament building in Brussels, Belgium.
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    Leon Neal via Getty Images
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    Human rights and environmental legislation approved by European Parliament

    The Corporate Sustainability Due Diligence Directive holds companies and supply chain partners accountable for ESG compliance.

    By Lauren Schenkman • April 26, 2024
  • A person silhouetted against a hazy city skyline
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    Munoz Alvarez/Getty Images via Getty Images
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    The data on climate change’s link to employee deaths, injuries

    Exposure to extreme heat, ultraviolet radiation and air pollution poses a serious threat to workers globally, the International Labour Organization said.

    By Ryan Golden • April 25, 2024
  • Unilever deodorants seen on display.
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    Craig Barritt via Getty Images
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    Unilever to scale back ESG pledges focused on plastic usage and diversity

    The company’s decision to dial down its sustainability strategy comes shortly after it unveiled ambitious plans to curb its carbon footprint last month.

    By • April 22, 2024
  • A woman holding a smartphone walks past a gray wall with an apple logo on a black sign.
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    Sean Gallup via Getty Images
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    Apple reports it’s halved emissions since 2015 for goal of carbon neutrality by 2030

    The Cupertino, California-based tech giant also set new 2030 goals for clean energy and clean water last week.

    By • April 22, 2024
  • Containers of Nestle Coffee Mate coffee creamer are displayed on a shelf.
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    Justin Sullivan via Getty Images
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    Nestlé rejects proposal to cut reliance on unhealthy products

    The Swiss multinational said ShareAction was “targeting the wrong company” with its proposal as it was already making headwinds with its health and nutrition-related goals.

    By • April 19, 2024
  • An AutoNation Chevrolet car dealership.
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    Mario Tama/Staff/Getty Images News via Getty Images
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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
  • An aerial view of a Texas Oil Refinery
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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
  • Attendees gather for a panel event.
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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
  • The United States, Capitol Dome background in retro style
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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