Corporate Governance: Page 11


  • Exhaust plumes from a power station.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    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 Aug. 8, 2024
  • Steam and exhaust rise from a power plant.
    Image attribution tooltip
    Lukas Schulze via Getty Images
    Image attribution tooltip

    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 Aug. 7, 2024
  • Visual displaying components of ESG. Explore the Trendline
    Image attribution tooltip
    TarikVision via Getty Images
    Image attribution tooltip
    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
  • Engineers look at digital twins to monitor building energy use.
    Image attribution tooltip
    Andrey Popov via Getty Images
    Image attribution tooltip

    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
  • Close up high angle Asian businesswoman working with her coworker in meeting room
    Image attribution tooltip
    Edwin Tan via Getty Images
    Image attribution tooltip

    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 Aug. 6, 2024
  • the tail and engine of a Jetblue jet airplane with the JetBlue logo
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    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 Aug. 5, 2024
  • Rep. Bill Huizenga speaks with glasses and a pen in one hand.
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    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 Aug. 5, 2024
  • A United Airlines aircraft lifts off the tarmac.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    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 Aug. 2, 2024
  • Hands hold a Snickers candy bar, Mars bar and Milky Way bar in paper-based packaging
    Image attribution tooltip
    Courtesy of Mars Wrigley Australia
    Image attribution tooltip

    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
  • Jim Jordan sits behind a podium with his right hand around a pen and resting on his chin. Out of focus, the podium reads "Mr. Jordan, Chairman."
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    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 Aug. 1, 2024
  • A factory is seen with a cloud of smoke behind it, demonstrating emissions.
    Image attribution tooltip
    Lukas Schulze/Getty Images via Getty Images
    Image attribution tooltip

    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 Aug. 1, 2024
  • Executives are seen speaking during a meeting.
    Image attribution tooltip
    AzmanL via Getty Images
    Image attribution tooltip

    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 July 31, 2024
  • Q&A

    Aesthetics 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
  • ExxonMobil
    Image attribution tooltip
    David McNew via Getty Images
    Image attribution tooltip

    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 July 30, 2024
  • Tree on stack of silver coins and crystal globe
    Image attribution tooltip
    Wanan Yossingkum via Getty Images
    Image attribution tooltip

    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 July 30, 2024
  • A building facade with the Microsoft logo and it's night time
    Image attribution tooltip
    Jeenah Moon via Getty Images
    Image attribution tooltip

    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
  • DHL cargo planes sit on the tarmac.
    Image attribution tooltip
    Marco Prosch via Getty Images
    Image attribution tooltip

    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 July 26, 2024
  • An exterior shot of the U.S. Department of Labor's headquarters.
    Image attribution tooltip
    Kate Tornone/ESG Dive
    Image attribution tooltip

    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 Updated Feb. 18, 2025
  • JPMorgan Chase global head of sustainable solutions Chuka Umunna
    Image attribution tooltip
    Jack Taylor via Getty Images
    Image attribution tooltip

    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 July 25, 2024
  • The United Nations logo is seen on a fence.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    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 July 24, 2024
  • H&M's logo is pictured on a sign on a building.
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images
    Image attribution tooltip

    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
  • The front facade of the Oklahoma State Capitol building.
    Image attribution tooltip
    Elizabeth Lara via Getty Images
    Image attribution tooltip

    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 July 23, 2024
  • Latin American businessman talking to a group of coworkers in a business meeting at the office
    Image attribution tooltip
    Hispanolistic via Getty Images
    Image attribution tooltip

    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
  • The Deloitte logo is shown on an office building.
    Image attribution tooltip
    Jack Taylor via Getty Images
    Image attribution tooltip

    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 July 22, 2024
  • Truck driving along road with a field of wind turbines stretching across the land behind it and a storm coming in from the left side of the sky.
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip

    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 July 19, 2024
  • ESG reporting misrepresentation
    Image attribution tooltip
    pcess609 via Getty Images
    Image attribution tooltip

    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