Social Responsibility: Page 5


  • Vivek Ramaswamy speaks at a conference.
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    Drew Angerer via Getty Images
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    Anti-ESG crusader Vivek Ramaswamy drops out of 2024 presidential race

    The political newcomer ended his GOP White House bid after finishing fourth place in the Iowa caucuses and endorsed former President Donald Trump shortly after.

    By Jan. 17, 2024
  • Walmart storefront.
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    Kaarin Vembar/ESG Dive
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    Walmart to pay $60K over claim it did not promote woman with young children

    The retailer promoted an employee who did not have young children, amounting to sex discrimination, the EEOC alleged.

    By Ryan Golden • Jan. 17, 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
  • The U.S. Capitol Building as seen on a sunny day in Washington, DC.
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    Anna Moneymaker via Getty Images
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    What Congress’ new attempt to strengthen age bias laws means for employers

    The Protecting Older Workers Against Discrimination Act would restore the “mixed-motive” test struck down by a 2009 U.S. Supreme Court decision.

    By Ryan Golden • Jan. 11, 2024
  • Pedestrians walk past a Neiman Marcus store.
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    Scott Olson via Getty Images
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    Neiman Marcus beats 2025 DEI goal, increases diversity across senior leadership

    The luxury retailer said it had increased diversity across leadership roles, vice president level and up, by 21%, and was adopting external standards to measure and advance workplace equity.

    By Jan. 11, 2024
  • The Old Courthouse in downtown St. Louis with the Gateway Arch behind
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    Joe Hendrickson via Getty Images
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    Missouri’s bid to dismiss anti ESG-rules suit is denied

    The U.S. federal judge’s decision greenlights a lawsuit challenging two of the state’s ESG rules that affect financial institutions.

    By Jan. 10, 2024
  • Activists participate in an Earth Day march with a sign that says "End the Era of Fossil Fuels"
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    Anna Moneymaker via Getty Images
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    Deep Dive

    4 ESG trends that set the tone for 2024

    It’s shaping up to be a big year for ESG with a packed SEC agenda, fights over corporate DEI efforts and shareholder rights and a focus on financing the net zero transition.

    By , Jan. 10, 2024
  • Three people in masks take a selfie on an iPhone in front of a Disneyland Park poster.
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    David McNew via Getty Images
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    SEC rules Disney, Apple can’t dodge AI shareholder proposals

    The entertainment and tech conglomerates must vote on the AFL-CIO’s request for the companies to disclose their AI standards, setting the stage for more AI votes this proxy season.

    By Jan. 8, 2024
  • Wind turbines stand against a backdrop of green fields and mountains.
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    Chip Somodevilla via Getty Images
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    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
  • A Wyoming coal-fired power plant is in view partially obscured by a tree in the front left foreground.
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    Spencer Platt via Getty Images
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    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 Dec. 20, 2023
  • A logo sits illuminated outside the IBM booth at the SK telecom booth on day 1 of the GSMA Mobile World Congress on February 28, 2022 in Barcelona, Spain.
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    David Ramos / Staff via Getty Images
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    Q&A

    How IBM’s Sustainability Accelerator’s latest cohort is tackling water management

    IBM Sustainability and Social Innovation Leader Michael Jacobs talks about the social impact program’s goals and how it uses its technology to improve environmental issues in vulnerable communities.

    By Dec. 19, 2023
  • A below view of the EU flag is seen, surrounded by flags of the European bloc's member countries.
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    Ian Waldie via Getty Images
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    Banks are excluded from EU’s human rights, due diligence regulation — for now

    Despite opposition to leaving financial institutions out, the final draft of the Corporate Sustainability Due Diligence Directive only states the sector may need to comply at a later date.

    By Dec. 19, 2023
  • Navy Federal Credit Union, Douglasville Georgia location
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    Permission granted by Navy Federal Credit Union
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    Navy Federal sued over alleged mortgage disparity by race

    The credit union last year approved 48.5% of mortgage applications from Black borrowers, but 77.1% from White ones, CNN found. The gap drew comparisons to similar numbers from Wells Fargo in 2020.

    By Dan Ennis • Dec. 19, 2023
  • Krispy Kreme doughnuts are displayed in a box.
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    Scott Olson via Getty Images
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    Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike

    The company said it achieved carbon neutrality in some global operations through carbon offsets, despite a jump in scope 1 and scope 2 emissions overall.

    By Dec. 18, 2023
  • Participants walk around the conference with COP28 UAE flags lining the walkway.
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    Sean Gallup via Getty Images
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    COP28 takeaways: More than $7B mobilized for food system climate action

    With the end of the U.N. climate summit, here's a final tally of some of the major financial commitments and sustainability pledges meant to transform the agricultural and food sectors. 

    By Sarah Zimmerman • Dec. 18, 2023
  • SEC Chairman Gary Gensler participates in a meeting.
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    Kevin Dietsch via Getty Images
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    Democratic senators press Gensler to expedite release of human capital disclosure rule

    The updated rule — which requires companies to report on employee compensation, benefits, turnover data and more — is now slated for release in April 2024.

    By Dec. 15, 2023
  • An NRA member holds a pistol while checking out the Smith & Wesson display at an annual NRA convention. The display also includes assault rifles it manufactures.
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    Scott Olson via Getty Images
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    Nuns take on big guns, sue Smith & Wesson board over AR-15 sales

    Environmental law professor Victor Flatt said he expects to see more derivative suits filed over environmental, social and governance factors going forward.

    By Dec. 11, 2023
  • Exterior of a Lidl store.
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    Courtesy of Lidl US
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    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
  • People arrive at a theater where a picture of farmland is projected on a screen with the word "Action."
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    Sean Gallup via Getty Images
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    The biggest food sustainability pledges at COP28, from Bezos to JBS

    Food companies commit millions of dollars to tackle methane and advance regenerative agriculture, while governments prioritize farming in climate action plans. Here are the highlights from the U.N. climate summit in Dubai.

    By Sarah Zimmerman • Dec. 7, 2023
  • Exterior of building with Marriott logo
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    Brandon Bell via Getty Images
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    Marriott works with Google to make its events more neuroinclusive for attendees

    Large-scale events hosted by the hotel chain will now have accessibility measures like quiet rooms and real-time captioning to accommodate attendees in the neurodivergent community.

    By Dec. 5, 2023
  • The Alameda Avenue entrance to the Walt Disney Studios in Burbank, California. This was taken just after a major renovation in summer 2016, in which the dated tropical pastels of the gateway arch were
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    By Coolcaesar - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=52572750
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    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 Dec. 4, 2023
  • Banners reading "COP28 UAE" are seen
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    Chris Jackson via Getty Images
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    Over 130 countries sign COP28 pledge to integrate food into climate action

    Notably absent from the list of signatories is India, which has said it will refuse to sign on to any agreement that could compromise food security.

    By Sarah Zimmerman • Dec. 4, 2023
  • Kylie Cosmetics displayed at an Ulta beauty store.
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    David Dee Delgado via Getty Images
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    DEI top priority for Coty as it expands global parental leave policy

    The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.

    By Dec. 1, 2023
  • tort liability, earplugs, Aearo Technologies
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    "3M headquarters" by Acroterion is licensed under CC BY-SA 4.0
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    3M, other chemical manufacturers score win in PFAS case

    The Sixth Circuit of the U.S. Court of Appeals in Cincinnati found the plaintiff could not tie the “forever” chemicals in his blood to the 10 named defendants.

    By Nov. 29, 2023
  • People stand on a green stage each holding one letter of the words Global Goals.
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    Anand Prakash Gupta via Getty Images
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    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 Nov. 28, 2023
  • Two unknown men walk into a red and glass paneled building that says NYU Stern School of Business with NYU flags flying on the right side of the photo.
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    CribbVisuals via Getty Images
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    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 Nov. 27, 2023