The Latest
-
Federal judge sides with Biden Labor Dept. on ESG fiduciary rule
A U.S. District judge for Northern Texas said the rule is still valid under Loper Bright and does not violate the Employment Retirement Income Security Act of 1974.
-
Comcast-NBCUniversal faces FCC probe over ‘invidious’ DEI policies
The agency’s new chairman says he’s concerned the cable TV, network and theme park operator continues to promote diversity, equity and inclusion.
-
Pennsylvania Gov. Shapiro sues Trump admin over IRA funding freeze
The state’s agencies have limited access to over $3.1 billion in funding for activities including distributed solar deployment, well plugging and weatherization, according to the lawsuit.
-
The SEC has requested to delay climate rule arguments. What’s next?
Sustainable investing experts are not surprised by the delay and say it is expected to have minimal immediate impact.
-
New York loans Revel $60M to expand NYC public EV charging
NY Green Bank's president said the financial arrangement is “an important and replicable precedent” to accelerate electric vehicle charging.
-
Retrieved from OCC.
Office of the Comptroller of the Currency latest to exit central bank climate coalition
The OCC’s acting comptroller said participation in the Network of Central Banks and Supervisors for Greening the Financial System does not fall within the agency’s “statutory mandate.”
-
Labor Dept. defends ESG rule in a post-Chevron landscape
An ongoing challenge to a rule allowing pension fund managers to consider ESG factors stands as a litmus test under a recent Supreme Court ruling.
Updated Feb. 18, 2025 -
Opinion
Sustainability is a lasting fashion statement
Brands can build consumer trust and increase shareholder value by considering ESG impacts, writes Marco Valverde, apparel national practice leader at Moss Adams.
-
Accenture rolls back DEI goals to comply with Trump’s EOs
CEO Julie Sweet said the company would end its employee diversity representation goals and put “a greater focus on inclusion and a sense of belonging for all,” in an internal memo.
-
Cheung, Lance. (2017). [Photograph]. Retrieved from Flickr.
Former EEOC commissioner weighs in on feds targeting private sector DEI
Chai Feldblum said employers may consider framing their programs on inclusion and preventing discrimination, but she also expressed confusion over some of Attorney General Pam Bondi’s enforcement priorities.
-
Acting SEC chair asks court not to schedule climate rule arguments
“The Commission’s briefs previously submitted in the cases consolidated in the Eighth Circuit do not reflect my views,” Acting Chair Mark Uyeda said.
-
HSBC taps global banking executive for chief sustainability officer role
Julian Wentzel — previously HSBC’s head of global banking for the Middle East, North Africa and Turkey — becomes sustainability chief after serving as interim CSO.
-
EPA funding freeze endangers $7B Solar For All program
“We don't know how much money got out the door, we don't know how much money the administration can seek to claw back,” said Vote Solar’s executive director, Sachu Constantine.
-
New Jersey judge dismisses state’s climate lawsuit against major oil companies
A state superior court judge ruled that New Jersey’s climate-related claims were preempted by federal law as state law cannot govern disputes over the impact of climate change.
-
Google moves away from aspirational diversity hiring goals
This move is on par with what attorneys have been recommending in a tense political landscape around DEI and compliance.
-
Deep Dive
US state legislatures take aim at fashion’s sustainability and safety concerns
The new regulations are designed to protect workers, consumers and the environment, but there are still hurdles to face between passing the bills and implementing them.
-
Google contracts over $100M in carbon removal credits in 2024
“We’re encouraged by our progress, but the journey to catalyze carbon removal is just beginning,” Google Carbon Credits and Removals Lead Randy Spock said.
-
Lego to increase solar capacity by 72% this year to cut emissions
The Danish toymaker calls solar expansion a “key initiative” to help meet its sustainability goals, which include achieving net-zero emissions by 2050.
-
Opinion
‘A clarion call’: How employers should respond to Trump’s private-sector DEI order
Beyond clearly illegal practices like using preferences and quotas, employers need to dig into their DEI programs to see where the potential for other legal challenges might lie, writes Jonathan Segal, partner at Duane Morris.
-
Developments driving the ESG, sustainability industry in 2025
The change in U.S. presidential leadership has triggered drawbacks of ESG and DEI commitments, as the private sector braces for a change in political direction.
-
New York reintroduces bills seeking climate risk, emissions disclosures
Senate Bills 3456 and 3697, if approved, would mandate climate-related disclosures from large companies operating in the Empire State as early as 2027.
-
Clean energy stakeholders descend on Capitol to lobby for IRA tax credits
Groups participating in the lobbying blitz in Washington, D.C. represent over 2,000 companies and hundreds of billions of dollars in private investment, according to the Solar Energy Industries Association.
-
Sephora boosts DEI with new documentary
As others back away from DEI initiatives, the retailer said its film “reaffirms its commitment to fostering a world of inspiration and inclusion.”
-
ESG encountering widening ‘gulf’ between US and European investors: Morningstar
“We are definitely seeing a widening gap … between asset manager support for environmental and social-related voting initiatives," Morningstar Sustainalytics’ director of investment stewardship research said.
-
Companies reduce philanthropy aimed at boosting racial, gender equality
Change in “corporate citizenship” initiatives coincide with a federal backlash against efforts to promote sustainability in the private and public sectors.