Social Responsibility: Page 3

BSR puts spotlight on how companies engage on social issues with new guide

The guide seeks to “meet the very real demand by business practitioners for resources, tools … to adequately respond to stakeholder demand for action on social justice matters.”

By Zoya Mirza • Feb. 28, 2024

Nasdaq board diversity rule challenge will be reheard en banc

The case will return to the 5th Circuit with the context of the 2023 Supreme Court ruling that struck down race-conscious admissions at colleges.

By Kathryn Moody • Feb. 27, 2024

Explore the Trendline➔

Top 5 stories from Sudaten

This year is shaping 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 Sudaten staff

A roadmap for corporate ESG reporting: eBay Chief Sustainability Officer

The e-commerce platform’s chief sustainability officer, Renee Morin, explains how company executives can navigate the changing landscape of sustainability and governance.

By Renee Morin • Feb. 22, 2024

Push for climate policy and adaptation lead concerns at GreenBiz24

More than 2,500 sustainability professionals flocked to Phoenix for the GreenBiz24 conference to hear the industry’s latest insights.

By Lamar Johnson • Feb. 21, 2024

GreenBiz24: US companies seek to understand EU CRSD impact

While the process may be complex, it is important for companies to recognize they “are not starting from scratch,” Nado Saab, Mondelēz International’s director of ESG reporting told attendees.

By Lamar Johnson • Feb. 15, 2024

Democrats join push to stop climate funding from going to farm biogas projects

The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA.

By Sarah Zimmerman • Feb. 9, 2024

NFL vs. AFL: Common DEI opponent tries to tackle league’s Rooney Rule

America First Legal filed a federal civil rights complaint alleging the league’s rule to increase its pipeline of diverse coaches is discriminatory.

By Lamar Johnson • Feb. 9, 2024

Legal chiefs, diversity officers view DEI differently, survey finds

“The lack of alignment in the C-suite could pose new challenges for organizations in communicating and acting on their IE&D-related positions and values,” the Littler report said.

By Lyle Moran • Feb. 2, 2024

The ESG industry outlook on 2024: Climate disclosure rules, proxy voting and more

The upcoming year will determine how national and international regulation, shareholder rights and proposal approvals, and scope 3 reporting influence the ESG landscape.

By Zoya Mirza , Lamar Johnson • Jan. 30, 2024

Walgreens reports spike in scope 3, points to business travel and downstream transportation

The retail pharmacy chain said it had reduced its overall carbon footprint by almost 25% compared to a 2019 baseline, despite a surge in scope 3 emissions.

By Zoya Mirza • Jan. 29, 2024

Global Reporting Initiative updates biodiversity reporting standards

The standard for the first time includes increased transparency on impacts through the supply chain, as biodiversity loss is affecting every region of the world.

By Lamar Johnson • Jan. 26, 2024

2024 proxy outlook: What’s driving the ESG proposal approval dip?

Major asset managers and a spate of anti-ESG proposals helped push approval rates down, yet even more ESG proposals are expected after a record 2023.

By Lamar Johnson • Jan. 25, 2024

Turning DEI policies into aspirations unlikely to stem bias lawsuits

Companies face challenges from conservative anti-bias groups even after replacing explicit diversity, equity and inclusion goals with more broadly characterized aims.

By Robert Freedman • Jan. 22, 2024

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 Zoya Mirza • Jan. 17, 2024

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

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

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 Zoya Mirza • Jan. 11, 2024

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 Lamar Johnson • Jan. 10, 2024

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 Lamar Johnson , Zoya Mirza • Jan. 10, 2024

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 Lamar Johnson • Jan. 8, 2024

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

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 Lamar Johnson • Dec. 20, 2023

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 Lamar Johnson • Dec. 19, 2023

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 Lamar Johnson • Dec. 19, 2023

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