Investors urge Coca-Cola, Kraft Heinz, others to provide transparency on products’ health impact

Over 30 investors and asset managers asked top executives from leading food and beverage companies to annually disclose the “healthiness” of their products.

By Zoya Mirza • Nov. 21, 2024

Audit committees expand oversight to ESG, cybersecurity, AI: EY

Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.

By Jim Tyson • Nov. 21, 2024

Explore the 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

Starbucks appoints former Mars sustainability exec as CSO

Marika McCauley Sine, who previously served as Mars’ global vice president of sustainability and chief sustainability officer, will oversee the coffee chain’s net-zero transition.

By Zoya Mirza • Nov. 20, 2024

Ben & Jerry’s sues parent company Unilever for stifling its stance on Gaza

The ice-cream maker said Unilever threatened to “dismantle” its independent board and sue its board members if it issued a statement calling for a “ceasefire” in the region.

By Zoya Mirza • Nov. 19, 2024

Vanguard’s updated investor proxy choice program includes anti-ESG voting option

Three new funds have been added to the program, and the firm also included an option for investors who want a “wealth-focused,” anti-ESG voting policy option.

By Lamar Johnson • Nov. 19, 2024

Trader Joe’s first unionized workers still don’t have a contract

More than two years after workers at the grocer's Hadley, Massachusetts, store voted to join Trader Joe’s United, the union has not finalized terms of their employment with the retailer, workers said.

By Sam Silverstein • Nov. 19, 2024

JPMorgan unveils green financing ratio following shareholder proposal

The bank said it spent $1.29 on green solutions for every dollar spent on high-carbon activities in the disclosure prompted by a proposal submitted by NYC Comptroller Brad Lander.

By Lamar Johnson • Updated Nov. 18, 2024

New tool aims to bridge gap between organizations’ sustainability targets and outcomes

The U.S. Green Building Council's digital platform intends to help organizations meet reporting requirements and sustainability goals related to emissions, energy, water and waste.

By Nish Amarnath • Nov. 18, 2024

New York City Employees’ Retirement System joins NZAOA

NYCERS joins the Net-Zero Asset Owner Alliance’s other 88 members that collectively represent $9.5 trillion in assets under management.

By Zoya Mirza • Nov. 15, 2024

Clorox prioritizes supplier decarbonization efforts

The cleaning product manufacturer is partnering with carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.

By Kelly Stroh • Nov. 15, 2024

Only 16% of global companies on track for 2050 net-zero goals: Accenture

“The fact that so few of the G2000 companies are on track to reach net-zero emissions is alarming,” the director of shareholder advocacy at Trillium Asset Management told ESG Dive.

By Lamar Johnson • Nov. 14, 2024

COP29 negotiators approve Article 6.4, establish standards for global carbon market

The approval of the standards was called a “critical step” toward future climate negotiations at COP29 by the summit’s lead negotiator, Yalchin Rafiyev.

By Zoya Mirza • Nov. 14, 2024

Trump win is ‘setback’ for climate protection, but clean energy advocates say progress will continue

Trump’s victory means a Republican will be selected to lead FERC, which will likely work to rein in transmission incentives, said Tyson Slocum, director of Public Citizen's Energy Program.

By Robert Walton • Nov. 14, 2024

What COP29 entails for the global energy transition, business priorities

COP29 will be a “critical moment” in the global climate transition, further shaping the ESG landscape and motivating companies to ramp up sustainability initiatives, says Workiva’s chief sustainability officer.

By Mandi McReynolds • Nov. 13, 2024

SEC charges Invesco $17.5M for misleading ESG statements

“Companies should be straightforward with their clients and investors rather than seeking to capitalize on investing trends and buzzwords,” the acting head of SEC enforcement said.

By Lamar Johnson • Nov. 11, 2024

Increasing sustainability and inclusivity top of mind for COP29, says summit’s chief operating officer

The Chief Operating Officer for COP29 details steps the summit’s planning committee has taken to cut emissions and ramp up accessibility at the Baku venue.

By Narmin Jarchalova • Nov. 11, 2024

Small beef production cuts in wealthier nations could remove years of carbon emissions: report

Eliminating as little as 13% of total production could remove the same amount of total greenhouse gasses emitted over the past three years.

By Nathan Owens • Nov. 8, 2024

Clean energy, sustainable investors brace for second Trump presidency

Experts expect private sector work on ESG issues and the clean energy transition to continue, albeit at a slower pace, under a reelected Donald Trump.

By Lamar Johnson • Nov. 7, 2024

SEC says funds mischaracterizing use of ESG factors

The assessment is part of a broader risk alert by the agency regarding the discrepancy between funds’ investment strategies and marketing literature.

By Lamar Johnson • Nov. 6, 2024

Samsonite commits to renewable electricity, increased recyclability to slash emissions

The new targets build on the luggage company’s ESG strategy, which includes a goal to achieve carbon neutrality across all operations by 2025.

By Zoya Mirza • Nov. 6, 2024

Marsh to insure carbon credits against counterfeits, fraud

The insurance broker said the new insurance facility will help de-risk carbon credit investments and protect companies from potential “fraudsters.”

By Lamar Johnson • Nov. 5, 2024

PepsiCo gets New York plastic pollution lawsuit dismissed

The development comes on the heels of Los Angeles County filing its own complaint against PepsiCo and Coca-Cola focused on public nuisance and alleged violations of unfair competition and false advertising law.

By Maria Rachal • Nov. 5, 2024

SEC says Vanguard can nix human rights shareholder proposals from 2025 proxy materials

The agency agreed that two sets of the firms’ funds can exclude a proposal to provide greater transparency to ensure their investments don’t “substantially contribute to genocide.”

By Lamar Johnson • Nov. 4, 2024

Microsoft swaps concrete, steel with wood in new data centers to cut emissions

This marks the tech giant’s latest push to reduce its carbon footprint and accelerate progress toward its sustainability targets, which include a goal to become carbon negative by 2030.

By Zoya Mirza • Nov. 4, 2024

As US EV sales growth slows, election results could reverse or reinforce the trend

U.S. electric vehicle sales are rising, though the rate of growth has declined in the past year. The next president may continue support for purchase incentives or seek to cut the popular tax credit, say experts.

By Robert Walton • Nov. 4, 2024