Social Responsibility
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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 -
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Deep DiveThis summer saw many DEI rollbacks. What now?
Heading into 2025, three DEI experts weigh in.
By Caroline Colvin • Oct. 14, 2024 -
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TrendlineTop 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 -
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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 -
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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 -
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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 -
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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 -
Lamar Johnson/ESG Dive
Now is the time to ‘lean into’ decarbonizing transportation sector: Biden climate advisor
Cutting transportation sector emissions would have both public health and climate benefits, Ali Zaidi, a national climate policy advisor for the Biden administration, said at Climate Week NYC.
By Lamar Johnson • Sept. 26, 2024 -
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Deep DiveNo, not all companies are abandoning diversity, equity and inclusion. Here’s why.
Amid a high-profile backlash, many businesses are scrutinizing their policies. But the vast majority end up sticking with DEI, in part because it’s key to growth.
By Daphne Howland • Sept. 26, 2024 -
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US lawmakers propose bill limiting investments in projects using forced labor
The No Funds for Forced Labor Act would require the Secretary of Treasury to instruct international financial institutions to oppose projects with a high risk of forced labor.
By Laurel Deppen • Sept. 25, 2024 -
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State Street reduces support for E + S proposals, following other Big Three asset managers
State Street supported 6% of environmental and 7% of social proposals in the 2024 proxy season, confirming the nation’s largest asset managers all supported fewer such proposals than in 2023.
By Lamar Johnson • Sept. 23, 2024 -
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Q&AHow Lilly’s sustainability goals come face to face with massive growth
Eli Lilly’s head of ESG is maintaining a focus on sustainability even as the company’s expansion plans in weight loss drive a larger footprint and more social scrutiny.
By Michael Gibney • Sept. 23, 2024 -
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JPMorgan creates role to oversee junior bankers’ ‘wellbeing’: memo
Ryland McClendon’s appointment comes amid a spike in concern over the workload and expectations of associates and analysts after a 35-year-old Bank of America banker died in May.
By Rajashree Chakravarty • Sept. 20, 2024 -
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Congressional Black Caucus’ DEI index offers accountability roadmap
The group laid out best practices for employers to hold themselves accountable after studying Fortune 500 companies’ DEI approaches.
By Caroline Colvin • Sept. 17, 2024 -
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ClimeCo unveils certification program for sustainable products
The environmental services company’s new certification aims to help companies communicate their sustainability initiatives and consumers make informed purchasing decisions.
By Zoya Mirza • Sept. 12, 2024 -
Christopher Doering/ESG Dive
Molson Coors latest company to revise DEI policy
The beer giant will no longer participate in a scoring system by the Human Rights Campaign and will tie executive incentives to business performance, not “aspirational representation goals.”
By Christopher Doering • Sept. 6, 2024 -
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Coca-Cola must face greenwashing lawsuit: D.C. Appeals Court
The appeals court reversed a prior dismissal, ruling environmental nonprofit Earth Island Institute made plausible allegations the beverage company overstates its environmental efforts.
By Lamar Johnson • Sept. 4, 2024 -
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ESG controllers: The newest finance hires
Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said.
By Maura Webber Sadovi • Sept. 4, 2024 -
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Vanguard supported zero E+S proposals in 2024: report
The lack of support for environmental and social proposals comes after the nation's second-largest asset manager supported just 2% in 2023.
By Lamar Johnson • Sept. 3, 2024 -
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Ford responds to DEI slowdown, outlines talent strategy
The car company clarified that it does not use “hiring quotas” or link compensation to “the achievement of specific diversity goals.”
By Caroline Colvin • Sept. 3, 2024 -
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Lowe’s demolishes its DEI programming
Reports indicate that Lowe’s looked into changing its talent strategy following the Supreme Court’s 2023 college admissions decision.
By Caroline Colvin • Sept. 3, 2024 -
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‘New dynamics at play’: Jack Daniel’s maker ends DEI initiatives
Brown-Forman Corp. cited a shifting legal and external landscape for its decision, as one prominent anti-DEI activist claimed credit for putting pressure on the company.
By Ryan Golden • Aug. 29, 2024 -
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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 -
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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 -
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How to build social activism into your governance structure
Companies don’t have to retreat from activism to avoid backlash if they align their values with their business in a way that makes sense, a law professor says.
By Robert Freedman • Aug. 21, 2024 -
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DEI job postings are down. Why do these roles lack longevity?
Diversity departments are vulnerable to trends, but HR pros can reconfigure their approach.
By Caroline Colvin • Aug. 15, 2024
