Morgan Stanley drops plastic pollution financing goal

A spokesperson for the bank told ESG Dive it would no longer have the standalone goal due to data availability and quality challenges as required climate disclosures near.

By Lamar Johnson • Sept. 6, 2024

5 keys to strong organizational sustainability governance: MorganFranklin Consulting

Andrew Rizkallah, who leads the firm's ESG advisory services, explained how to beef up key reporting processes or start from scratch.

By Lamar Johnson • Aug. 30, 2024

Explore the Trendline➔

Merging of ESG standards and frameworks eases reporting struggles for companies

Corporations navigating the ESG landscape have reported a lack of clarity on what data to report and to whom. An acceleration in the amalgamation of frameworks and standards seeks to solve this problem.

By ESG Dive staff

Major oil and gas firms ramp up voluntary ESG reporting: EY

Regulatory and shareholder pressure is elevating sustainability reporting to a key priority on par with a firm’s financial and operational performance, an EY report suggests.

By Suman Bhattacharyya • Aug. 30, 2024

US clean energy jobs grew 4.2% in 2023: DOE

The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.

By Robert Walton • Aug. 29, 2024

Global packaging giant Amcor releases decarbonization road map

Redesigning packaging to weigh less, use fewer materials and incorporate lower-carbon materials is part of the company’s efforts to reach SBTi-validated 2033 emissions reduction targets.

By Maria Rachal • Aug. 27, 2024

Shein reports 2 cases of child labor in its supply chain

The fast fashion giant discovered the cases last year, and suspended orders from the manufacturers pending “appropriate remediation.”

By Laurel Deppen • Aug. 26, 2024

Coca-Cola ‘on track’ for packaging recyclability goal, ‘behind plan’ on recycled content target

In an environmental update, the beverage giant reported that progress on reusable packaging formats and recyclability was stagnant in 2023 while its rate of recycled PET use ticked up.

By Maria Rachal • Aug. 23, 2024

BlackRock’s support for E+S proposals whittles away in 2024 proxy season

The nation’s largest investment manager noted a rise in shareholder proposals focused on environmental and social matters and  anti-ESG filings.

By Lamar Johnson • Aug. 22, 2024

Friend or foe: Unpacking what the amicus briefs say about the SEC’s climate rule

Amicus briefs in the Securities and Exchange Commission’s ongoing lawsuit concerning its climate disclosure rule find institutional investors and businesses largely on opposite sides.

By Lamar Johnson • Aug. 20, 2024

Microsoft builds on sustainability suite with new ESG reporting tool

The new tool allows companies to streamline, simplify and accelerate their reporting process and offers templates for a broad range of ESG standards and frameworks.

By Zoya Mirza • Aug. 9, 2024

SEC defends its authority for climate disclosure rule in court

The agency said its climate rule will help to better inform investors with “more detailed, consistent, and comparable information” in replying to legal challengers.

By Lamar Johnson • Aug. 8, 2024

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

Deloitte partners with property management platform for decarbonization solution

Akila, which produces virtual copies of facilities for building management, will target both companies’ clients to help them reduce emissions and prepare for disclosures.

By Lamar Johnson • July 24, 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

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

SBTi calls on financial institutions to pilot net-zero standard

The climate target validation organization is looking for participants to test a standard that will encompass near- and long-term portfolio-wide goals.

By Lamar Johnson • July 11, 2024

SEC’s ESG greenwashing, human capital disclosure rules pushed to October

The Securities and Exchange Commission’s delayed rulemaking timeline comes against a backdrop of increased scrutiny on ESG-related regulations.

By Zoya Mirza • July 10, 2024

American Airlines CEO sounds alarm on aviation sector decarbonization

CEO Robert Isom said in the airline’s latest ESG report its climate goals are in jeopardy, given the industry’s current decarbonization efforts.

By Lamar Johnson • July 9, 2024

Google’s AI efforts slow sustainability gains

The company’s greenhouse gas emissions climbed 13% last year as compute intensity increased, according to its annual environmental report.

By Lindsey Wilkinson • July 9, 2024

38% of public companies ‘significantly misaligned’ to net-zero: Morningstar

Of more than 3,300 public companies, none are on track to hit the Paris Accords’ 2050 target, a study from the financial services revealed. 

By Lamar Johnson • July 8, 2024

Generative AI gains foothold in ESG landscape

The increased use of artificial intelligence in ESG, beyond reporting, was on display at the Amazon Web Services conference last week.

By Lamar Johnson • Updated July 8, 2024

Shareholders rejecting both ESG and anti-ESG proposals

Only three of almost 1,000 proposals were supported by shareholders so far in the 2024 proxy season.

By Robert Freedman • July 2, 2024

IFRS partners with World Bank member to improve emerging market disclosures

The foundation behind the International Sustainability Standards Board signed a memorandum of understanding with the International Finance Corporation Thursday.

By Lamar Johnson • June 28, 2024

ISSB aims to further streamline climate disclosures

“During the next two years, the ISSB will deliver further harmonization and consolidation of the disclosure landscape in response to market demand,” the sustainability reporting organization said.

By Lamar Johnson • June 26, 2024

Bloomberg launches CSRD data tool as reporting deadlines begin to loom

“Better data drives better investment decisions,” Bloomberg’s global head of sustainable finance solutions said in a release.

By Lamar Johnson • June 24, 2024