Corporate Governance
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BlackRock, Vanguard, State Street seek dismissal of red states’ coal antitrust suit
The asset managers said the Republican-led states offered “no plausible facts” to support the claim that the three firms conspired to collectively cut coal production in the U.S.
By Lamar Johnson • March 21, 2025 -
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CARB asked to implement California’s climate disclosure laws, align with global standards
Ceres asked the California Air Resources Board to support climate laws to “help deliver standardized, high-quality disclosures of companies’ climate related financial risks.”
By Zoya Mirza • March 21, 2025 -
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SBTi releases draft of updated corporate net-zero standard
The Science Based Targets initiative said this “Version 2” of the standard focuses on companies going “from ambition to progress.”
By Lamar Johnson • March 20, 2025 -
Ryan Golden/ESG Dive
EEOC acting chair says agency will investigate big law firms’ DEI programs
Former EEOC commissioners said Andrea Lucas’ letters probing firms “imply a duty to respond without any basis in the laws that EEOC enforces.”
By Ryan Golden • March 20, 2025 -
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Ben & Jerry’s says CEO fired by Unilever over social activism
The ice cream maker alleged the consumer goods giant has “repeatedly threatened” its personnel if they failed to “silence” their outspokenness.
By Christopher Doering • March 20, 2025 -
Christopher Furlong via Getty Images
Amid shifting views on ESG, investors retain climate focus: Berkeley Climate Summit
Anti-ESG backlash, reporting hurdles and regulatory uncertainty have put sustainability at a crossroads, panelists said.
By Suman Bhattacharyya • March 19, 2025 -
Max Kegfire via Getty Images
OpinionSustainability as strategy: Why smart companies keep ESG policies despite political headwinds
ESG integration delivers operational benefits that transcend political viewpoints, says Aquent Sustainable Solutions Vice President Jody Mousseau.
By Jody Mousseau • March 18, 2025 -
"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC pushes back Names Rule compliance dates
Funds will now have an additional six months to comply with the rule requiring funds’ investment strategies to align with any advertised purposes, like ESG or sustainability.
By Lamar Johnson • March 18, 2025 -
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IRA credits and energy demand continue to drive renewables investments
Despite the Trump administration’s focus on fossil fuels and opposition to the IRA, analysts anticipate the renewables market will continue benefiting from high energy demand.
By Diana DiGangi • March 18, 2025 -
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Deere shareholders vote down anti-DEI proposal
The move comes months after the tractor giant rolled back its support for “social or cultural awareness events” in July.
By Nathan Owens • March 17, 2025 -
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EU sustainability, supply chain simplification efforts face ‘split’ parliament, experts say
Efforts to simplify compliance “shouldn't compromise the protection of the people and the planet,” a policy adviser to a member of the European Parliament said at a conference.
By Lamar Johnson • March 17, 2025 -
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Women unlikely to reach parity with men for 134 years: JPMorgan
In C-suites worldwide, women are far from attaining equal status, holding only about 10% of the most powerful roles such as CEO and CFO.
By Jim Tyson • March 17, 2025 -
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US banks turn to SEC to dodge climate, social shareholder proposals
The agency has largely denied the requests, ruling that banks must put the requests to disclose its clean energy financing ratios and indigenous rights practices to a vote.
By Lamar Johnson • March 14, 2025 -
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EPA aims to roll back power sector regulations in broad deregulatory push
It would likely take several years — potentially into the next presidency — to revise at least some of the targeted regulations, according to analysts.
By Ethan Howland • March 14, 2025 -
Dan Kitwood/Getty Image via Getty Images
Lego ramps up sustainable investments, nearly tripling green spending over 2 years
The Denmark-based toy manufacturer said its green investments last year were nearly three times what it spent on the sector in 2022.
By Zoya Mirza • March 14, 2025 -
Courtesy of Walmart
Walmart says it’s unlikely to meet 2025 plastic, recycling targets
The largest U.S. retailer discussed challenges to increasing post-consumer recycled content adoption. More than two-thirds of its global private-brand packaging was recyclable, reusable or industrially compostable in 2023, according to a company update.
By Maria Rachal • March 13, 2025 -
Amazon, Google, Meta join pledge to help triple global nuclear capacity
“This is not the end; it is just the beginning,” the World Nuclear Association’s director general said of the 14 companies who committed to help expand nuclear capacity by 2050.
By Lamar Johnson • March 13, 2025 -
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EPA revisiting dozens of climate, environment rules in ‘day of deregulation’
The agency said it would roll back a range of rules and programs, including some that are foundational to its efforts to address climate change. A new “waters of the U.S.” definition is expected, as well as rollbacks to an emissions reporting program.
By Jacob Wallace • March 13, 2025 -
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Supreme Court won’t hear lawsuit on Democrat-led states’ climate litigation
The court declined to take up a suit that pitted 19 Republican-led states against five Democratic-led states that are pursuing lawsuits against major oil companies.
By Lamar Johnson • March 12, 2025 -
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Climate United Fund sues EPA, Citibank over frozen $7B
The lawsuit asks the U.S. District Court for the District of Columbia to order the funds be unfrozen and disbursed.
By Diana DiGangi • March 12, 2025 -
Kevin Dietsch via Getty Images
21 House Republicans oppose cutting clean energy credits to pay for tax cuts
“Both our constituencies and the energy industry alike remain concerned about disruptive changes to our nation’s energy tax structure,” the letter led by Rep. Andrew Garbarino, R-N.Y., said.
By Lamar Johnson • March 11, 2025 -
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Microsoft buys 1.5M tonnes of carbon credits from Climate Impact Partners
The tech giant will purchase the credits over a 30-year period, as the carbon credit project developer plants millions of native trees in India.
By Lamar Johnson • March 10, 2025 -
Andrew Harnik via Getty Images
How are C-suites reacting to Trump’s DEI orders?
Most are in a holding pattern, a Littler survey showed — but certain initiatives may be on the chopping block.
By Kathryn Moody • March 10, 2025 -
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State Street ditches board diversity requirement, completes Big Three DEI retreat
The nation’s third-largest asset manager will no longer require company boards to feature a certain percentage of women, following similar changes by BlackRock and Vanguard.
By Lamar Johnson • March 6, 2025 -
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Paramount DEI initiative changes spark employee ire
While Paramount's co-CEOs cited the president's executive order in their decision, internal backlash highlights the line employers are trying to toe.
By Caroline Colvin • March 6, 2025
