Social Responsibility: Page 2
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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 -
Deep Dive
No, 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 -
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 -
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 -
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 -
Q&A
How 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
‘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 -
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 -
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 -
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 -
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 -
Anti-ESG proposals drove the increase in ESG proxy submissions: Morningstar
“For the first time, the growth in new resolutions was dominated by proposals from ‘anti-ESG’ filers,” per Morningstar Sustainalytics’ director of stewardship research and policy.
By Lamar Johnson • Aug. 13, 2024 -
Wells Fargo faces lawsuit for alleged sham DEI hiring effort
The bank is said to have interviewed diverse candidates for jobs that were already filled or for which they weren’t qualified to polish its DEI credentials.
By Robert Freedman • Aug. 6, 2024 -
Ingredients in peril due to climate change
As global temperatures shift and weather events devastate agricultural land, some ingredients and crops are in jeopardy. One expert shares advice.
By Elizabeth Flood • Aug. 5, 2024 -
Amid DEI cuts, Microsoft works to distinguish itself from those responding to ‘woke’ backlash
While some companies axed DEI roles due to “woke” backlash, the motivations of other companies may be more nuanced.
By Caroline Colvin • July 29, 2024 -
COP29 president lays out climate action priorities ahead of summit
Azerbaijan’s Mukhtar Babayev said he’s committed to boosting climate finance and finalizing the implementation of the Paris Agreement’s Article 6 at this year’s summit.
By Zoya Mirza • July 23, 2024 -
Bias in hiring, performance evaluations can derail corporate DEI goals
The Conference Board’s “Bias Interrupters” framework offers a way to foster inclusion and control for legal risk.
By Carolyn Crist • July 23, 2024