Social Responsibility: Page 2


  • Ali Zaidi, national climate advisor to Joe Biden, speaking at Climate Week
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    Lamar Johnson/ESG Dive
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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 Sept. 26, 2024
  • Diverse group of professionals, in discussion, sitting around conference table.
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    Xavier Arnau via Getty Images
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    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
  • Visual displaying components of ESG. Explore the Trendline
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    TarikVision via Getty Images
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    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
  • Sen. Marco Rubio sits at a senate conference.
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    Drew Angerer via Getty Images
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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
  • State Street building. Yellow banners say "State Street Global Advisors" "Reinventing Investing"
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    Monica Schipper via Getty Images
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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 Sept. 23, 2024
  • Lilly Biotechnology Center in San Diego, California
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    Michael Vi / Getty Images via Getty Images
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    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
  • Two people walk past a Chase bank branch.
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    Spencer Platt via Getty Images
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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
  • Serious with a business black woman waiting in line for a interview during recruitment.
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    Delmaine Donson via Getty Images
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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
  • Shirt on a hanger with a recycling tag attached.
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    BlackSalmon via Getty Images
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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 Sept. 12, 2024
  • Molson Coors beer
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    Christopher Doering/ESG Dive
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    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
  • A row of Coca Cola bottles stand in containers in a grocery store.
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    Justin Sullivan via Getty Images
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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 Sept. 4, 2024
  • A firefighting helicopter drops water over a wildfire in Los Olivos, California on July 6.
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    Mario Tama via Getty Images
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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
  • People speaking during a conference event.
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    sanjeri via Getty Images
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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 Sept. 3, 2024
  • A close-up of a Ford logo
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    Lukas Schulze via Getty Images
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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
  • People shop at a Lowe's store in Brooklyn on February 27, 2024 in New York City.
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    Spencer Platt via Getty Images
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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
  • Jack Daniel's whiskey bottles displayed on shelf
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    Scott Olson via Getty Images
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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
  • A closeup of a Shein sign directing people around its distribution center. The Shein building is seen in the background, with an American flag.
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    jetcityimage via Getty Images
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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
  • A man walks into a BlackRock office building.
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    Andrew Burton via Getty Images
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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 Aug. 22, 2024
  • corporate activism backlash, Tom Lin, Temple Univ.
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    Andrew Burton via Getty Images
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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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    baona via Getty Images
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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
  • Colleagues at business meeting in conference room.
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    FangXiaNuo via Getty Images
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    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 Aug. 13, 2024
  • SEB vs. Wells Fargo, DEI hiring
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    Justin Sullivan via Getty Images
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    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
  • A building facade with the Microsoft logo and it's night time
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    Jeenah Moon via Getty Images
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    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
  • Mukhtar Babayev, COP29 President-Designate, speaks on stage.
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    Sean Gallup via Getty Images
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    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 July 23, 2024
  • Latin American businessman talking to a group of coworkers in a business meeting at the office
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    Hispanolistic via Getty Images
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    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