Social Responsibility: Page 6


  • Starbucks baristas and supporters protest outside a store.
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    Mario Tama via Getty Images
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    Starbucks introduces oversight committee to improve governance

    The coffee chain said the Environmental, Partner and Community Impact committee will help improve its supply chain operations and employee relationships.

    By Nov. 22, 2023
  • Tags from Gap and Disney are bundled and lie in the dust.
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    Courtesy of LICADHO
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    Garments burned for fuel in Cambodia factories causing health and environmental issues

    Waste from 19 companies including Adidas, Gap and Lululemon has been identified by the Cambodian League for the Promotion and Defense of Human Rights.

    By Lara Ewen • Nov. 21, 2023
  • 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
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    David Ramos via Getty Images
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    Verizon launches annual industry wide climate risk survey

    The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.

    By Nov. 17, 2023
  • Governor of Texas holds a meeting with the governor of Floroida.
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    (2021). [Photograph]. Retrieved from Office of the Texas Governor.
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    Deep Dive

    The ESG battle: 4 key states shaping regulatory discourse in the US

    Left-leaning California and New York and conservative-led Florida and Texas have stepped up regulatory measures to underscore ESG’s role — or lack thereof — in their jurisdictions.

    By , Nov. 16, 2023
  • A worker holds a protest sign saying "End Modern Day Slavery Now"
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    Drew Angerer via Getty Images
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    ‘It is everywhere’: Rooting out forced labor from supply chains

    Only half of surveyed procurement executives feel they are making effective progress on modern slavery risks in their sourcing, according to a Gartner report. 

    By Ben Unglesbee • Nov. 16, 2023
  • Flames approach an American flag in California.
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    David McNew via Getty Images
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    US not on track to meet global warming targets, report warns

    Current climate adaptation efforts and investments are “insufficient” to reduce today’s climate-related risks, according to the Fifth National Climate Assessment.

    By Nov. 15, 2023
  • Four people have a discussion in front of a laptop.
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    Delmaine Donson via Getty Images
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    Is DEI losing its foothold in corporate America?

    Although slight, the continued decrease in users reporting access to DEI programs may confirm 2023’s shift in DEI outlook.

    By Caroline Colvin • Nov. 15, 2023
  • A tram passes the giant Euro symbol with high rise office buildings the city of Frankfurt am, Germany in the background
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    Hannelore Foerster via Getty Images
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    Banks might dodge EU’s supply chain sustainability regulations

    The proposed carveout for financial institutions would exclude them from having to submit climate transition plans.

    By Nov. 14, 2023
  • World leaders attended the Climate Ambition Summit at the United Nations Headquarters
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    Kena Betancur via Getty Images
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    ESG and sustainability conferences to keep on your radar for 2024

    Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.

    By , Updated June 7, 2024
  • Silhouettes of business people
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    Piranka via Getty Images
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    Deep Dive

    Making the case for women-owned banks

    Three women-owned banks have emerged in the last several years with the shared goal of increasing access to capital for female entrepreneurs.

    By Anna Hrushka • Nov. 13, 2023
  • Protesters from AFSCME and the AFL-CIO outside the Hotel DuPont in Wilmington, Delaware.
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    William Thomas Cain via Getty Images
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    CEO-worker pay gap rising and ‘bad for business’: report

    Recent research indicates CEO pay practices lead to governance issues as they spur “executive recklessness” such as mass layoffs, tax evasion and more that puts the economy at risk.

    By Nov. 13, 2023
  • Voting signs laid out across the grass.
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    Andrew Spear via Getty Images
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    Election results bring potential social implications for Ohio corporations

    The support for reproductive rights could have companies such as Kroger and Procter & Gamble, which are headquartered in the Buckeye State, evaluating their corporate social policies.

    By Nov. 9, 2023
  • Youngkin sits, mouth slightly downturned with both hands on his right knee in a blue suit and green tie with a microphone. Blue background with The Economic Club of Washington, D.C., in white and red.
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    Chip Somodevilla via Getty Images
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    Democrats take control of Virginia legislature, clouding governor’s climate, abortion plans

    The election results mean stricter emission standards enacted two years ago will be the guidepost for Virginia-based auto manufacturers beginning in 2025 and more abortion protections could be on the way for all state employers.

    By Nov. 9, 2023
  • A man walks into a BlackRock office building.
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    Andrew Burton via Getty Images
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    Gender-balanced workforces outperform rivals: BlackRock

    A new study from the world’s largest asset manager found increasing the gender diversity of a workforce and investing in women leads to economic gains.

    By Nov. 8, 2023
  • Businesswoman working with her coworker in a meeting room.
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    Edwin Tan via Getty Images
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    Credit union regulator proposes rule loosening hiring restrictions

    The National Credit Union Administration Board aims to expand career opportunities for individuals convicted of certain minor offenses and advance financial inclusion and equity within the credit union system.

    By Nov. 7, 2023
  • American Airlines jet taking off from an airport runway.
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    Joe Raedle / Staff via Getty Images
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    Conservative group takes aim at DEI policies of 3 major airlines

    America First Legal alleged that American, United and Southwest Airlines engage in “overtly” discriminatory practices in their diversity hiring and retention programs for women and people of color.

    By Laurel Kalser • Nov. 6, 2023
  • Makeup and accessories displayed on a store counter.
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    Jason Kempin via Getty Images
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    Estée Lauder says it has hit global pay equity target in select sectors

    The beauty and fragrance brand also said it has reached carbon neutrality for scope 1 and scope 2 emissions for the fourth consecutive year during an earnings call.

    By Nov. 3, 2023
  • Jim Jordan sits behind a podium with his right hand around a pen and resting on his chin. Out of focus, the podium reads "Mr. Jordan, Chairman."
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    Chip Somodevilla via Getty Images
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    House Judiciary subpoenas ESG, net-zero advocates alleging antitrust violations

    Chair Jim Jordan subpoenaed financial coalition GFANZ and advocacy group As You Sow, whose CEO called the warrant “unfounded” and said the underlying allegations are “twisting the facts.” 

    By Nov. 3, 2023
  • People talk during a business meeting.
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    jacoblund via Getty Images
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    Deep Dive

    The ‘less tangible’ social data in ESG creates reporting hurdles

    Social issues have historically fallen behind environmental and governance factors, a setback experts attribute to the ambiguity of what the “S” really encompasses.

    By Nov. 1, 2023
  • Flag blows outside state capitol building.
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    DustyPixel via Getty Images
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    Arkansas lawmakers urged to defund DEI programs

    Diversity, equity and inclusion perpetuates racial discrimination and “feelings of disenfranchisement” and “animosity,” according to a witness who testified in front of the Arkansas State Legislature last week.

    By Oct. 30, 2023
  • A person looks out over the turbines across the river.
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    Christopher Furlong via Getty Images
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    Most Americans still uncertain about ESG, but consider it when making decisions: report

    A majority of those surveyed feel there is a “trust gap” between what most companies say they do for ESG and their actual behavior.

    By Oct. 27, 2023
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    VioletaStoimenova via Getty Images
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    In 2024, HR could be asked to modernize hiring, reinvent DEI

    Employers also will have to address evolving return-to-office concerns and work-life balance issues in the coming year, a panel of experts said.

    By Laurel Kalser • Oct. 27, 2023
  • A person pushes a cart in front of Walmart
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    Scott Olson via Getty Images
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    Walmart’s doula benefits go nationwide

    Since Roe v. Wade’s reversal, many employers have been more active in championing workers’ reproductive health.

    By Caroline Colvin • Oct. 26, 2023
  • Kanye West stands in front of Adidas and Yeezy logo.
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    Jonathan Leibson via Getty Images
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    Adidas case slapped with amended complaint for violating ESG policies

    Shareholders amended the class-action lawsuit against the sportswear brand, which accuses it of failing to disclose ESG and DEI violations made by rapper Ye in a timely manner.

    By Oct. 25, 2023
  • A photo collage of diverse workers depicted each in a leaf of a 3-leaved plant illustration.
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    Shaun Lucas/Industry Dive; Getty Images 

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    Deep Dive

    7 ESG trends influencing corporate strategy

    Developments in the ESG landscape directing investor decisions include the consolidation of reporting frameworks, the rise of AI and data metrics, social responsibility and impending regulation from the SEC.

    By , Oct. 23, 2023