Social Responsibility: Page 6
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Lowe’s demolishes its DEI programming
Reports indicate that Lowe’s looked into changing its talent strategy following the Supreme Court’s 2023 college admissions decision.
By Caroline Colvin • Sept. 3, 2024 -
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‘New dynamics at play’: Jack Daniel’s maker ends DEI initiatives
Brown-Forman Corp. cited a shifting legal and external landscape for its decision, as one prominent anti-DEI activist claimed credit for putting pressure on the company.
By Ryan Golden • Aug. 29, 2024 -
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Shein reports 2 cases of child labor in its supply chain
The fast fashion giant discovered the cases last year, and suspended orders from the manufacturers pending “appropriate remediation.”
By Laurel Deppen • Aug. 26, 2024 -
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BlackRock’s support for E+S proposals whittles away in 2024 proxy season
The nation’s largest investment manager noted a rise in shareholder proposals focused on environmental and social matters and anti-ESG filings.
By Lamar Johnson • Aug. 22, 2024 -
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How to build social activism into your governance structure
Companies don’t have to retreat from activism to avoid backlash if they align their values with their business in a way that makes sense, a law professor says.
By Robert Freedman • Aug. 21, 2024 -
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DEI job postings are down. Why do these roles lack longevity?
Diversity departments are vulnerable to trends, but HR pros can reconfigure their approach.
By Caroline Colvin • Aug. 15, 2024 -
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Anti-ESG proposals drove the increase in ESG proxy submissions: Morningstar
“For the first time, the growth in new resolutions was dominated by proposals from ‘anti-ESG’ filers,” per Morningstar Sustainalytics’ director of stewardship research and policy.
By Lamar Johnson • Aug. 13, 2024 -
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Wells Fargo faces lawsuit for alleged sham DEI hiring effort
The bank is said to have interviewed diverse candidates for jobs that were already filled or for which they weren’t qualified to polish its DEI credentials.
By Robert Freedman • Aug. 6, 2024 -
Ingredients in peril due to climate change
As global temperatures shift and weather events devastate agricultural land, some ingredients and crops are in jeopardy. One expert shares advice.
By Elizabeth Flood • Aug. 5, 2024 -
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Amid DEI cuts, Microsoft works to distinguish itself from those responding to ‘woke’ backlash
While some companies axed DEI roles due to “woke” backlash, the motivations of other companies may be more nuanced.
By Caroline Colvin • July 29, 2024 -
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COP29COP29 president lays out climate action priorities ahead of summit
Azerbaijan’s Mukhtar Babayev said he’s committed to boosting climate finance and finalizing the implementation of the Paris Agreement’s Article 6 at this year’s summit.
By Zoya Mirza • July 23, 2024 -
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Bias in hiring, performance evaluations can derail corporate DEI goals
The Conference Board’s “Bias Interrupters” framework offers a way to foster inclusion and control for legal risk.
By Carolyn Crist • July 23, 2024 -
Courtesy of Tractor Supply
Deep DiveTractor Supply retreats on DEI, climate after ‘anti-woke’ backlash. Now the real fallout begins.
The retailer's pullback of its corporate diversity and climate efforts could alienate some customers, employees and investors.
By Daphne Howland • July 15, 2024 -
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GM shareholders vote down 3 ethical supply chain proposals
Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.
By Kelly Stroh • July 15, 2024 -
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Sustainability is a key factor in improved financial performance: KPMG
Indicators like lower carbon dioxide emissions, land environmental impact reduction and business ethics policies are linked to increased gross profit margin, per a study of 2,617 companies.
By Suman Bhattacharyya • July 11, 2024 -
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Generative AI gains foothold in ESG landscape
The increased use of artificial intelligence in ESG, beyond reporting, was on display at the Amazon Web Services conference last week.
By Lamar Johnson • Updated July 8, 2024 -
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Supreme Court blocks enforcement of EPA’s ‘good neighbor’ rule
The 5-4 decision was criticized by clean energy advocates who said the court failed to address the “public health harm that occurs during the pendency of the stay granted.”
By Robert Walton • June 28, 2024 -
Courtesy of Nestlé
Nestlé introduces sustainably sourced chocolate brand
The confectionery offering, which uses cocoa certified by the Rainforest Alliance, will be available in airports around the world.
By Christopher Doering • June 25, 2024 -
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11th Cir. deals another blow to corporate DEI programs
The federal appellate court ruled 2-1 that a competition designed to award grants to businesses owned by Black women likely violates federal civil rights law.
By David Weisenfeld • June 21, 2024 -
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Morningstar index targets LGBTQ+ inclusive companies
“As LGBTQ+ identities become more ubiquitous, inclusive investing will continue to develop,” the firm said in an accompanying paper.
By Lamar Johnson • June 21, 2024 -
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Q&AHow Supplier.io’s collaboration with CDP boosts supply chain transparency
Supplier.io CEO Aylin Basom said clients were asking the supply chain diversity and ESG data company for additional insights, which led the company to pursue the partnership.
By Lamar Johnson • June 17, 2024 -
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DEI success ultimately stems from strong CEO leadership, survey indicates
While acknowledging the increased pushback regarding DEI programs, Black executives noted the importance of sustaining their initiatives.
By Carolyn Crist • June 17, 2024 -
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Hershey ramps up renewable energy sourcing to slash emissions
The chocolate manufacturer increased its procurement of electricity from green sources to 80% in 2023, up from 77% in 2022 — a rise it attributed to PPAs and clean energy credits.
By Zoya Mirza • June 14, 2024 -
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DEI backlash won’t halt workplace initiatives, most leaders say
Nearly all leaders said they believe DEI is important for its positive impact on recruiting, hiring and retention, a survey finds.
By Carolyn Crist • June 12, 2024 -
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SEC asks organizations to complete diversity self-assessment
The agency said it will use the voluntary disclosures from its regulated firms to identify any trends and progress on diversity-related activities.
By Lamar Johnson • June 10, 2024
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