Corporate Governance: Page 2

  • A young Black girl during the March for Jobs and Freedom to the Lincoln Memorial
    Image attribution tooltip
    MPI via Getty Images
    Image attribution tooltip
    Deep Dive

    This summer saw many DEI rollbacks. What now?

    Heading into 2025, three DEI experts weigh in.

    By Caroline Colvin • Oct. 14, 2024
  • Mukhtar Babayev, COP29 President-Designate, speaks on stage.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    CEOs from Ikea, Nestlé, H&M, others rally for climate action ahead of COP29

    The letter, signed by senior executives from over 100 corporations, calls on governments and businesses to collaborate to address challenges related to climate risk mitigation.

    By • Oct. 11, 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
  • Climate change protestors are seen marching.
    Image attribution tooltip
    Asanka Ratnayake via Getty Images
    Image attribution tooltip

    Greenwashing cases fall for first time in 6 years, but high-severity filings surge: report

    “There's certainly a global undercurrent of ‘greenhushing,’ so companies are being more cautious about how they communicate,” RepRisk’s chief commercial officer said.

    By • Oct. 10, 2024
  • A close-up of an Uber app.
    Image attribution tooltip
    Matthew Horwood/Getty Images via Getty Images
    Image attribution tooltip

    Uber rolls out climate-focused features, updates to drive sustainability progress

    The ride-share giant’s expanded green product suite will allow users to hail more electric vehicles and track the amount of emissions they avoid by choosing sustainable transport options.

    By • Oct. 10, 2024
  • A farmer holds a coffee plant bearing fruit
    Image attribution tooltip
    Courtesy of Starbucks
    Image attribution tooltip

    Starbucks buys more innovation farms to create climate-proof coffee

    Farmers in Costa Rica and Guatemala will test drones and hybrid crop varieties as the coffee company aims to address some of the region’s most pressing climate challenges.

    By Sarah Zimmerman • Oct. 9, 2024
  • The Wall Street street sign is visible in the foreground with a picture of a trader in front of the stock market on the left of the sign. Three american flags are out of focus in the background.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    US banks largely lagging on implementing best practices for net-zero: Exclusive

    “What we see today in terms of their implementation and operationalizing of those [net-zero] commitments is far from sufficient,” the director of the Sierra Club’s Fossil-Free Finance Campaign said.

    By • Oct. 8, 2024
  • A large screen at an event shows a bubble graph of words that consumers believe makes a brand sustainable.
    Image attribution tooltip
    Katie Pyzyk/ESG Dive
    Image attribution tooltip

    Consumers are confused by packaging sustainability claims

    Between greenwashing, confusing terminology and a lack of information, a lot gets lost in translation, according to speakers from the National Retail Federation, NielsenIQ and others at recent industry events.

    By Katie Pyzyk • Oct. 8, 2024
  • Helicopters fly through smoke-tinged air above a city.
    Image attribution tooltip
    Amir Levy via Getty Images
    Image attribution tooltip

    Companies signal pullback on Israel-Gaza philanthropy: Conference Board

    As the conflict enters its second year, some companies will likely wind down funding commitments amid concern about backlash to corporate policies, the Conference Board’s Andrew Jones said.

    By Maura Webber Sadovi • Oct. 8, 2024
  • Coal falls off a conveyor belt onto a larger pile of coal. Multiple mounds of coal can be seen.
    Image attribution tooltip
    George Frey via Getty Images
    Image attribution tooltip

    Carbon footprint of 21 private equity firms exceeds pre-pandemic global flight emissions

    Two-thirds of the energy companies included in the portfolios of these private equity firms are invested in fossil fuels assets, which collectively emit 1.17 billion metric tons of CO2 equivalent annually.

    By • Oct. 7, 2024
  • A conference participant walks past a spinning representation of Planet Earth during the UNFCCC COP27.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    How asset managers can integrate climate into their investment decisions: State Street, Impax

    The report shows that “understanding and managing climate change’s impact on portfolios is core to delivering attractive investment returns and cannot be ignored,” Impax CEO Ian Simm said.

    By • Oct. 7, 2024
  • A facade of a sustainable glass office building with a tree for reducing carbon dioxide.
    Image attribution tooltip
    Fahroni via Getty Images
    Image attribution tooltip

    Sustainability spending tops US corporate agenda amid decarbonization hurdles: Carrier

    Corporate focus on sustainability has increased despite economic headwinds and legislative uncertainty. Yet, many organizations face roadblocks from financial access to workforce shortages, experts say.

    By Nish Amarnath • Oct. 7, 2024
  • corporate activism backlash, Tom Lin, Temple Univ.
    Image attribution tooltip
    Andrew Burton via Getty Images
    Image attribution tooltip

    BlackRock scores win in ex-employee’s suit alleging discrimination in pursuit of DEI, ESG

    A federal judge found that the former equity trader failed to provide evidence he was fired for being a white, heterosexual male and not for violating the firm’s COVID-19 vaccination policy.

    By • Oct. 4, 2024
  • anti-ESG shareholder proposals
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Anti-ESG proxy votes surge but they’re not passing

    Shareholders submitted more than 100 anti-ESG proposals in the 2024 proxy season but none of those that made it to a vote received more than single-digit support.

    By Robert Freedman • Oct. 4, 2024
  • Businesswoman working at her desk
    Image attribution tooltip
    Tinpixels via Getty Images
    Image attribution tooltip

    US corporate commitment to diversity in decline, McKinsey says

    “Progress is surprisingly fragile, especially for women of color, who continue to be underrepresented at every level” of the corporate hierarchy, McKinsey said.

    By Jim Tyson • Oct. 4, 2024
  • A child walks among a row of red Ferrari cars on display.
    Image attribution tooltip
    Jack Taylor via Getty Images
    Image attribution tooltip

    Ferrari shutters gas-fueled plant to slash carbon emissions

    The Italian carmaker closed its Maranello trigeneration plant this week in a bid to reduce its methane gas consumption and pivot to cleaner energy sources.

    By • Oct. 3, 2024
  • Close-up shot of a food container with film that says recyclable.
    Image attribution tooltip
    K Neville via Getty Images
    Image attribution tooltip
    Deep Dive

    Hush-hush: Is greenwashing pushback prompting pivot to ‘greenhushing’?

    Companies must focus on data and transparency to back their sustainability claims instead of resorting to silence, or exaggerations, said sources from groups such as the U.S. Plastics Pact, Glass Packaging Institute and McCormick & Co.

    By Katie Pyzyk • Oct. 3, 2024
  • Picture of Shein office lobby.
    Image attribution tooltip
    Courtesy of Shein
    Image attribution tooltip

    Shein faces greenwashing investigation in Italy

    The Italian Competition Authority is accusing the fast fashion giant of posting misleading sustainability claims on its website.

    By Laurel Deppen • Oct. 3, 2024
  • California Gov. Gavin Newsom
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    California Gov. Newsom greenlights climate disclosure acts by signing new bill

    Senate Bill 219 includes a series of amendments to climate bills SB 253 and SB 261, originally approved by Newsom last October, while retaining a 2026 start date.

    By • Oct. 2, 2024
  • Democrat AGs Rob Bonta, Letitia James, Kris Mayes, Keith Ellison and Matthew Platkin at a Climate Week NYC event hosted by Ceres.
    Image attribution tooltip
    Lamar Johnson/ESG Dive
    Image attribution tooltip

    Dem AGs: ‘We were on the verge of losing this messaging battle’ on ESG

    “We're pushing back because the Republicans are rewriting reality, trying to voice the false narrative on business … and we can’t stand for that,” California AG Rob Bonta said.

    By • Oct. 2, 2024
  • Business professionals attending business conference and networking.
    Image attribution tooltip
    SolStock via Getty Images
    Image attribution tooltip

    ESG and sustainability conferences to watch in 2025

    Early agendas for 2025 events show a growing focus on decarbonizing data centers, as well as increasing climate financing and aligning ESG standards.

    By , • Oct. 1, 2024
  • General outside view of the European Parliament building.
    Image attribution tooltip
    Johannes Simon via Getty Images
    Image attribution tooltip

    New program to help fashion brands navigate EU’s sustainability legislation

    Nonprofit Fair Wear will launch the HRDD Academy to assist global garment and footwear brands meet the demands of the EU’s Corporate Sustainability Due Diligence Directive and other frameworks.

    By Laurel Deppen • Oct. 1, 2024
  • The Morgan Stanley sign is seen at the entrance of a building.
    Image attribution tooltip
    Stephen Chernin via Getty Images
    Image attribution tooltip

    Morgan Stanley secures $750M for climate-focused private equity fund

    The 1GT fund aims to collectively avoid or cut one gigaton of carbon dioxide equivalent emissions from the Earth’s atmosphere by 2050.

    By • Sept. 30, 2024
  • Scientists stand beside a new carbon capture test unit.
    Image attribution tooltip
    Jeff J Mitchell via Getty Images
    Image attribution tooltip
    Opinion

    Results show carbon capture’s alleged promises are full of hot air

    The happy-talk DOE press information says nothing about the difficulties associated with building a first-of-its kind technology and hooking it up to a large-scale electric generator.

    By Dennis Wamsted • Sept. 30, 2024
  • Speakers discuss carbon credits during a session on stage.
    Image attribution tooltip
    Permission granted by Clifton Prescod for Dow Jones
    Image attribution tooltip

    Transparency on carbon credits’ quality is ‘critical’ for reducing corporate emissions, experts say

    Verra CEO Mandy Rambharos said companies purchasing carbon credits should be able to understand where those credits come from and feel confident listing it as a decarbonization investment.

    By • Sept. 27, 2024
  • Business people having meeting in conference room, sitting with laptops and discussing
    Image attribution tooltip
    Caiaimage/Paul Bradbury via Getty Images
    Image attribution tooltip

    CEOs face hurdles in meeting net-zero targets due to decarbonization challenges: KPMG

    CEOs pointed to the complexity of cutting supply chain emissions and implementing sustainable solutions as challenges affecting their net-zero target strategies.

    By Suman Bhattacharyya • Sept. 26, 2024