Corporate Governance: Page 14
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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 -
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 4.0Q&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 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 -
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 -
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 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 -
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 April 22, 2025 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Unilever, Nestlé join over 130 companies in call to reverse biodiversity loss ahead of COP16
A coalition of businesses across various industries are pressing world leaders to take action on an issue often overlooked by corporate sustainability plans.
By Sarah Zimmerman • July 19, 2024 -
IHG unveils low carbon program, targets energy efficiency in hotels
The global hospitality company called the initiative an “industry first” and said it would help it “test, learn and share findings on sustainability measures.”
By Zoya Mirza • July 18, 2024 -
Sustainability experts: ‘Start preparing now’ for SEC climate rule, other disclosure regulations
Despite the SEC rule’s temporary stay, sustainability experts said companies should not wait for the court’s ruling to begin preparing for compliance.
By Zoya Mirza , Lamar Johnson • July 16, 2024 -
BlackRock updates climate stewardship policies, targeting $150B in funds
The policies will initially apply to 83 European investment funds with $150 billion in assets under management and prioritize sectors and companies “critical” to the clean energy transition.
By Lamar Johnson • July 15, 2024 -
Deep Dive
Tractor Supply retreats on DEI, climate after ‘anti-woke’ backlash. Now the real fallout begins.
The retailer's pullback of its corporate diversity and climate efforts could alienate some customers, employees and investors.
By Daphne Howland • July 15, 2024 -
GM shareholders vote down 3 ethical supply chain proposals
Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.
By Kelly Stroh • July 15, 2024 -
Amazon hits renewable energy goal early, reduces carbon emissions
The e-commerce giant said it met a goal to match all of its electricity consumption with renewable energy seven years early and decreased overall emissions by 3% in 2023.
By Zoya Mirza • July 12, 2024 -
Senators press Jamie Dimon on alleged climate turnabout
The lawmakers, including Sen. Elizabeth Warren, D-MA, demanded answers from the JPMorgan Chase CEO on the bank's environmental "commitments" and "aspirations."
By Gabrielle Saulsbery • July 12, 2024 -
Sustainability is a key factor in improved financial performance: KPMG
Indicators like lower carbon dioxide emissions, land environmental impact reduction and business ethics policies are linked to increased gross profit margin, per a study of 2,617 companies.
By Suman Bhattacharyya • July 11, 2024