Corporate Governance: Page 11
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Carbon market governing body tightens standards for renewable energy credits
The Integrity Council for the Voluntary Carbon Market said carbon credits issued under existing renewable energy methodologies won’t qualify for its Core Carbon Principles label.
By Zoya Mirza • Aug. 8, 2024 -
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New initiative aims to solidify carbon removal standards
The Carbon Removal Standards Initiative seeks to provide policymakers and regulators with “financially unconflicted advice” to monitor and develop standards for the industry.
By Zoya Mirza • Aug. 7, 2024 -
Explore the Trendline➔
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TrendlineTop 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 -
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AI could halt energy use growth in US buildings: LBNL study
Combined with policy measures and low-carbon generation, building carbon emissions can decline over 90% by 2050 compared with business-as-usual scenarios, according to national lab researchers.
By Joe Burns • Aug. 7, 2024 -
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Nat’l Association of Counties defends against attacks on its fiduciary duties
The organization representing about 3,000 U.S. counties passed a resolution opposing interference in its investment decisions as part of its 2024-25 platform.
By Lamar Johnson • Aug. 6, 2024 -
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JetBlue inks SAF deal for JFK flights
The airline signed a 12-month deal to procure sustainable aviation fuel from a Valero Energy Corporation subsidiary to reduce its emissions at the New York airport.
By Zoya Mirza • Aug. 5, 2024 -
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House Republicans issue final ESG Working Group report
The Republican group housed within the House Financial Services Committee said the current proxy system is “an environment ripe for abuse.”
By Lamar Johnson • Aug. 5, 2024 -
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United Airlines to lean on SAF for Chicago O’Hare flights
United inked a deal with sustainable fuels company Neste, which will provide the airline up to 1 million gallons of sustainable aviation fuel through the year.
By Zoya Mirza • Aug. 2, 2024 -
Courtesy of Mars Wrigley Australia
Mars doubts it can achieve 2025 sustainable packaging targets
Almost half of Mars’ packaging portfolio is being redesigned or eliminated to align with current or future recycling infrastructure. But infrastructure advancement is taking longer than expected, per its latest sustainability report.
By Maria Rachal • Aug. 2, 2024 -
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House Judiciary probes Climate Action 100+ members as ESG investigation continues
The Republican heads of the Judiciary Committee and one subcommittee sent letters to over 130 U.S.-based companies, systems and funds associated associated with CA100+.
By Lamar Johnson • Aug. 1, 2024 -
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Dems back CFTC’s proposed guidance for voluntary carbon markets
Nine Democratic lawmakers expressed support for the Commodity Futures Trading Commission’s proposed guidance for companies looking to list and trade carbon credits.
By Zoya Mirza • Aug. 1, 2024 -
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Approval rates for environmental, social proposals continue to crater despite record submissions
Average support for environmental and social shareholder proposals was at just 16.2% through the first half of the year, Diligent Marketplace Intelligence reported.
By Lamar Johnson • July 31, 2024 -
"HK TKO zh:將軍澳 Tseung Kwan O PopCorn mall shop in January 2022" by CAHOGNSUIE 202 KADPA is licensed under CC BY-SA 4.0
Q&AAesthetics vs. environment: How Estée Lauder balances luxury and sustainability
Efforts include sourcing postconsumer resin and leveraging chemical recycling. Making sustainability leaps more apparent to consumers is also a concern at the cosmetics and skincare giant.
By Katie Pyzyk • July 31, 2024 -
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ExxonMobil climate liability case to proceed in Connecticut
The ruling marks the latest development in a lawsuit initiated by Connecticut Attorney General William Tong in 2020 seeking to hold the oil major accountable.
By Zoya Mirza • July 30, 2024 -
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SBTi: ‘Clear risks’ to using carbon credits to offset emissions
Recent research from the climate target validation organization found that “various types of carbon credits are ineffective in delivering their intended mitigation outcome.”
By Lamar Johnson • July 30, 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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DHL inks sustainability partnerships with Google, Envision
The logistics company signed two deals focused on reducing emissions generated by its global shipping network and increasing its investments in sustainable aviation fuel.
By Zoya Mirza • July 26, 2024 -
Kate Tornone/ESG Dive
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.
By Lamar Johnson • Updated Feb. 18, 2025 -
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JPMorgan appoints new global head of sustainable solutions
Chuka Umunna, a former British MP, will lead the bank's ESG and sustainable solutions arm alongside his role overseeing Europe, the Middle East and Africa.
By Lamar Johnson • July 25, 2024 -
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UN launches program to align regional climate action with the Paris Agreement
The “NDCs 3.0 Regional Fora” will help countries revise and update their emissions reductions plans to keep the 1.5°C goal within reach.
By Zoya Mirza • July 24, 2024 -
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H&M’s ‘green’ financing tool supports supplier sustainability
The collaborative program aims to help manufacturers overcome the funding hurdles of implementing sustainable practices. Here's how.
By Kelly Stroh • July 24, 2024 -
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Oklahoma judge permanently blocks state’s anti-ESG law
The ruling extends a temporary injunction against the law issued in May, though Oklahoma Attorney General Gentner Drummond said he will bring an appeal to the state Supreme Court.
By Lamar Johnson • 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 -
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Sustainability reporting, ESG management roles on the rise: Deloitte
The accounting firm’s survey of 300 executives at public companies pointed to an increase in sustainability oversight as disclosure requirements mount.
By Zoya Mirza • July 22, 2024 -
Mario Tama/Getty Images via Getty Images
Vanguard clients ask new CEO to prioritize climate risk
Over 8,000 clients urged Salim Ramji to “steer Vanguard in a new direction” and prioritize climate risk as part of the firm’s risk management strategies.
By Lamar Johnson • July 19, 2024 -
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Reduced shareholder lawsuit risk doesn’t mean more ESG reporting: study
The lower risk of being sued means companies don’t need the social credibility that comes with the reports, a study finds.
By Robert Freedman • July 19, 2024
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