House GOP says SEC is overstepping authority, cannot demand climate disclosures

Expert witnesses for the Financial Services Subcommittee differed in legal interpretations of the agency’s power to issue the rule.

By Lamar Johnson • Jan. 19, 2024

To keep or not to keep: The fate of scope 3 emissions in SEC’s climate disclosure rule

Given all of the pushback the agency has received over its proposed rule, particularly scope 3 reporting requirements, experts are uncertain if scope 3 will make the final cut.

By Zoya Mirza • Jan. 18, 2024

Explore the 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

ESG to factor strongly in 2024 executive pay plans despite pushback: WTW

Environmental, social and governance strategies are “here to stay,” consultants said. But U.S. company boards are also seeking a more tailored approach.

By Ryan Golden • Dec. 22, 2023

Wyoming to require disclosure of the use of social investment factors

The secretary of state adopted the rule because of ongoing concerns about ESG strategies negatively affecting state industries like coal and agriculture.

By Lamar Johnson • Dec. 20, 2023

Unilever under UK investigation for alleged greenwashing of products

The British competition regulator will scrutinize environmental claims for consumer goods made by the CPG giant, including Dove, Comfort and Cif.

By Iulia Gheorghiu • Updated Dec. 20, 2023

Companies setting their own carbon prices without global standard: Reuters

The new analysis from the Climate Disclosure Project has found companies’ internal carbon prices range anywhere from under $1 to $1,600 per metric ton of carbon emissions.

By Lamar Johnson • Dec. 13, 2023

Lidl US’s first corporate social responsibility report outlines a dozen top goals for the company

The discounter said it aims to narrow its gender pay gap as well as reduce scope 1 and scope 2 greenhouse gas emissions by 70% by 2030.

By Catherine Douglas Moran • Dec. 8, 2023

Disney says ESG policies could cut into profits

Oklahoma’s state treasurer said the filing proves taking environmental, social and governance factors into account diminishes shareholder returns.

By Lamar Johnson • Dec. 4, 2023

Bloomberg tool to map data based on UN Sustainable Development Goals

The company said the enterprise tool is the first to allow investors to assess how corporations are impacting the UN’s 2030 agenda.

By Lamar Johnson • Nov. 28, 2023

NYU’s Stern calls for system overhaul in ESG ratings

Environmental, social and governance investing should center on companies’ impacts on the environment and society rather than shareholder profit, the report argues.

By Lamar Johnson • Nov. 27, 2023

Global Reporting Initiative proposes climate change, energy standards

The key focus of the two proposals is on how organizations can cut their greenhouse gas emissions and reduce energy consumption.

By Lamar Johnson • Nov. 22, 2023

Verizon launches annual industry wide climate risk survey

The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.

By Lamar Johnson • Nov. 17, 2023

ESG and sustainability conferences to keep on your radar for 2024

Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.

By Zoya Mirza , Lamar Johnson • Updated June 7, 2024

Environmental disclosure platform CDP to align with Europe’s sustainability standards

The move will help U.S. companies prepare to comply with the EU’s Corporate Sustainability Reporting Directive.

By Lamar Johnson • Nov. 10, 2023

SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

By Jim Tyson • Nov. 9, 2023

Most organizations lack a fully established ESG reporting framework: report

Heightened scrutiny around environmental, social and governance issues is impacting a company’s operations on every front, including its lease management, according to a study from Visual Lease.

By Zoya Mirza • Nov. 2, 2023

Bain-backed data infrastructure tool ESG Flo bags $5.25M

The AI-powered platform maker, the first venture from Bain’s Founder’s Studio, said it will use the funding to provide solutions for Europe’s sustainability reporting law and an upcoming SEC climate disclosure rule.

By Lamar Johnson • Nov. 2, 2023

The ‘less tangible’ social data in ESG creates reporting hurdles

Social issues have historically fallen behind environmental and governance factors, a setback experts attribute to the ambiguity of what the “S” really encompasses.

By Zoya Mirza • Nov. 1, 2023

Bloomberg launches AI tool to help businesses navigate climate risks

The tool, launched in partnership with Riskthinking.AI, will give businesses predictive exposure data under all of the IPCC’s climate scenarios.

By Lamar Johnson • Oct. 31, 2023

Final TCFD report notes growth in climate disclosures as task force disbands

There has been “steady momentum” in the number of companies disclosing information aligned with the group’s recommendations, but the report said more progress is needed to mitigate climate risks.

By Lamar Johnson • Oct. 27, 2023

After years of confusion, global ESG reporting frameworks are coalescing

While the global reporting community has yet to fully adopt the International Sustainability Standards Board’s standards, they are building momentum as a reporting baseline.

By Lamar Johnson • Oct. 26, 2023

Apparel firms rank in top 100 public companies on ESG disclosures

The 100 Best Corporate Citizens report found that Nike, VF Corp. and Ralph Lauren got top marks in environmental and social practices.

By Laurel Deppen • Oct. 25, 2023

7 ESG trends influencing corporate strategy

Developments in the ESG landscape directing investor decisions include the consolidation of reporting frameworks, the rise of AI and data metrics, social responsibility and impending regulation from the SEC.

By Lamar Johnson , Zoya Mirza • Oct. 23, 2023

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