Social Responsibility
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Investors urge Coca-Cola, Kraft Heinz, others to provide transparency on products’ health impact
Over 30 investors and asset managers asked top executives from leading food and beverage companies to annually disclose the “healthiness” of their products.
By Zoya Mirza • Nov. 21, 2024 -
Starbucks appoints former Mars sustainability exec as CSO
Marika McCauley Sine, who previously served as Mars’ global vice president of sustainability and chief sustainability officer, will oversee the coffee chain’s net-zero transition.
By Zoya Mirza • Nov. 20, 2024 -
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 -
Oil quartet including BP, Shell invest $500M in energy access, clean cooking
Equinor and Total Energies will join the companies to invest in energy and cooking solutions in Sub-Saharan Africa and South and Southeast Asia to help meet the UN’s Sustainable Development Goal 7.
By Lamar Johnson • Nov. 20, 2024 -
Ben & Jerry’s sues parent company Unilever for stifling its stance on Gaza
The ice-cream maker said Unilever threatened to “dismantle” its independent board and sue its board members if it issued a statement calling for a “ceasefire” in the region.
By Zoya Mirza • Nov. 19, 2024 -
Vanguard’s updated investor proxy choice program includes anti-ESG voting option
Three new funds have been added to the program, and the firm also included an option for investors who want a “wealth-focused,” anti-ESG voting policy option.
By Lamar Johnson • Nov. 19, 2024 -
Trader Joe’s first unionized workers still don’t have a contract
More than two years after workers at the grocer's Hadley, Massachusetts, store voted to join Trader Joe’s United, the union has not finalized terms of their employment with the retailer, workers said.
By Sam Silverstein • Nov. 19, 2024 -
Opinion
What COP29 entails for the global energy transition, business priorities
COP29 will be a “critical moment” in the global climate transition, further shaping the ESG landscape and motivating companies to ramp up sustainability initiatives, says Workiva’s chief sustainability officer.
By Mandi McReynolds • Nov. 13, 2024 -
Women’s health care benefits use linked to retention, productivity at workplace: analysis
Mental health benefits, followed by reproductive health services and maternity care, all helped reduce absences for women at work.
By Carolyn Crist • Nov. 12, 2024 -
Opinion
Increasing sustainability and inclusivity top of mind for COP29, says summit’s chief operating officer
The Chief Operating Officer for COP29 details steps the summit’s planning committee has taken to cut emissions and ramp up accessibility at the Baku venue.
By Narmin Jarchalova • Nov. 11, 2024 -
2024 Elections
How a second Trump presidency could impact DEI, employment actions
Employers are likely to see immigration raids, limitations on diversity, equity and inclusion initiatives, and agency chair replacements, experts at Littler predicted.
By Emilie Shumway • Nov. 6, 2024 -
Climate experts launch insurance nonprofit to curb natural disaster-associated risks
Insurance for Good aims to “harness risk transfer in support of social and environmental goals” and focus on improving disaster recovery within the United States.
By Zoya Mirza • Nov. 5, 2024 -
SEC says Vanguard can nix human rights shareholder proposals from 2025 proxy materials
The agency agreed that two sets of the firms’ funds can exclude a proposal to provide greater transparency to ensure their investments don’t “substantially contribute to genocide.”
By Lamar Johnson • Nov. 4, 2024 -
Deep Dive // 2024 Elections
Election 2024: Harris, Trump present ‘diametrically opposed’ impacts on ESG
“A Harris administration would be more favorable for the interests of ESG investors whereas a Trump administration would be antagonistic,” according to Morningstar Indexes’ head of strategy.
By Lamar Johnson , Zoya Mirza • Nov. 1, 2024 -
New Jersey AG accuses Republic First of redlining
The failed lender originated 6% of its home loans to residents of majority-nonwhite neighborhoods between 2018 and 2022, the state found. The state filed a claim with the FDIC seeking remediation.
By Dan Ennis • Nov. 1, 2024 -
Opinion
In the wake of increased scrutiny, ESG leaders aren’t backing down.
Amid a polarized political landscape, companies are beginning to view sustainability and corporate social responsibility through the same strategic lens.
By Sona Khosla • Oct. 31, 2024 -
Gender diversity on boards plateaus — but that’s not the full picture
It mirrors an ongoing trend in the diversity, equity and inclusion space, where interest and investments in equity seemed to be slowing.
By Caroline Colvin • Oct. 29, 2024 -
ExxonMobil’s $816M verdict latest in series of rulings seeking environmental justice
No easing is in sight as companies face backlash for the impact their products have on the environment and public safety, a ruling shows.
By Jennifer Paley • Oct. 28, 2024 -
House Democrats call on CEOs to support DEI amid increasing policy rollbacks
A group of 49 Congressional Democrats is urging senior executives of Fortune 1,000 companies to “reject division” and continue backing programs that boost diversity, equity and inclusion.
By Zoya Mirza • Oct. 18, 2024 -
DEI’s role in the Boeing 737 Max crash settlement case
The court wants briefs on how diversity programs at Boeing and the Justice Dept. would affect the choice of an outside compliance monitor.
By Justin Bachman • Oct. 18, 2024 -
Female CFOs, CEOs at big companies outearn male counterparts
Women have made gains in recent decades at companies of all sizes but are far from attaining parity in all ways with men in the workplace, according to recent reports.
By Jim Tyson • Oct. 15, 2024 -
Deep Dive
This summer saw many DEI rollbacks. What now?
Heading into 2025, three DEI experts weigh in.
By Caroline Colvin • Oct. 14, 2024 -
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 -
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 Lamar Johnson • Oct. 4, 2024 -
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 -
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 Lamar Johnson , Zoya Mirza • Oct. 1, 2024