Microsoft leans on PPAs, energy efficiency, water recycling in environmental efforts

“Ensuring our buildings are energy efficient is a key first step in reducing emissions,” the tech giant said in its 2022 Environmental Report.

By Joe Burns • Oct. 23, 2023

European Commission delays sustainability reporting requirements by 2 years for non-EU countries

U.S. companies that have subsidiaries or generate a certain amount of revenue in the EU will also need to comply with the rule once implemented.

By Zoya Mirza • Oct. 20, 2023

How Google is decarbonizing its facilities

Smart temperature and lighting controls, purchase power agreements and building electrification are all being used by the tech giant to reduce scope 2 emissions.

By Joe Burns • Oct. 16, 2023

SEC investor panel pushes for increased workforce disclosures

The Investor Advisory Committee proposed a new rule to the agency that would require companies to disclose comprehensive labor data like compensation ranges and employment status.

By Zoya Mirza • Oct. 13, 2023

California bill requires VC firms to disclose investments’ diversity data

The new legislation mandates venture capital firms operating in California to release annual reports regarding the diversity of the founders they back.

By Zoya Mirza • Oct. 12, 2023

FASB tightens draft environmental credit rule’s scope

The U.S. standard setter is developing the first accounting guidance to directly apply to certain environmental credits.

By Maura Webber Sadovi • Oct. 11, 2023

California Gov. Newsom signs 2 major climate disclosure bills but worries about ‘overall financial impact’

The two bills would require large companies to disclose their supply chain emissions and report on climate-related financial risks, but the governor raised concerns about the deadlines and the cost to businesses.  

By Zoya Mirza • Oct. 10, 2023

Target increases PCR in packaging, slides on virgin plastic reduction

The retailer said it is “applying lessons learned” to turn around the virgin plastic number.

By Katie Pyzyk • Oct. 6, 2023

Suppliers say automakers must balance sustainability with safety, costs

Greater standardization of targets and measures would help the automotive industry reach net-zero emissions globally by 2050, a Center for Automotive Research report says.

By Michael Brady • Oct. 2, 2023

Apple backs California climate bill requiring large companies to disclose carbon footprint

Senate Bill 253 would require businesses operating in the Golden State that make over $1 billion to report their greenhouse gas emissions annually.

By Zoya Mirza • Sept. 14, 2023

Investor coalition lobbies standard setter to prioritize human and workers’ rights

ShareAction’s letter urges the International Sustainability Standards Board to also look at human capital and human rights together when it considers disclosures reporting.

By Lamar Johnson • Sept. 11, 2023

ESG ratings fluctuate for asset managers: Morningstar

Three U.S.-based firms saw their grades move up, while UBS Asset Management slipped following its merger with Credit Suisse.

By Zoya Mirza • Sept. 11, 2023

Gensler pressured by 80 Democrats to adopt climate risk rule

Democrats backed a proposed SEC rule on carbon emissions disclosure following GOP-backed hearings last month aimed at curbing federal promotion of ESG principles.

By Jim Tyson • Aug. 7, 2023

SEC takes climate rule criticism ‘very seriously’: top official

GOP lawmakers on Tuesday accused an SEC division director of undermining capitalism by pushing for a climate risk disclosure rule.

By Jim Tyson • July 18, 2023

ESG standard setter releases global reporting rules

The global effort to harmonize rules for corporate sustainability reporting will now focus on rallying adoption of its voluntary standards in dozens of jurisdictions worldwide.

By Jim Tyson • June 27, 2023

SEC General Counsel defends climate risk disclosure rule

Republican lawmakers accused the SEC’s top attorney of stonewalling requests for information on the agency’s regulation and enforcement.

By Jim Tyson • June 22, 2023