Social Responsibility: Page 2
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Human rights and environmental legislation approved by European Parliament
The Corporate Sustainability Due Diligence Directive holds companies and supply chain partners accountable for ESG compliance.
By Lauren Schenkman • April 26, 2024 -
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The data on climate change’s link to employee deaths, injuries
Exposure to extreme heat, ultraviolet radiation and air pollution poses a serious threat to workers globally, the International Labour Organization said.
By Ryan Golden • April 25, 2024 -
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TrendlineTop 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 -
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Unilever to scale back ESG pledges focused on plastic usage and diversity
The company’s decision to dial down its sustainability strategy comes shortly after it unveiled ambitious plans to curb its carbon footprint last month.
By Zoya Mirza • April 22, 2024 -
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Apple reports it’s halved emissions since 2015 for goal of carbon neutrality by 2030
The Cupertino, California-based tech giant also set new 2030 goals for clean energy and clean water last week.
By Lamar Johnson • April 22, 2024 -
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Nestlé rejects proposal to cut reliance on unhealthy products
The Swiss multinational said ShareAction was “targeting the wrong company” with its proposal as it was already making headwinds with its health and nutrition-related goals.
By Zoya Mirza • April 19, 2024 -
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Centralized HR can reduce racism in hiring, study shows
Researchers submitted 84,000 applications using racially distinctive names and found that racism was more prevalent when callbacks came from individual hiring managers and local stores.
By Carolyn Crist • April 19, 2024 -
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Formula 1 ‘on track’ to reach net-zero status by 2030 after emissions reduction: report
The international racing body said its carbon footprint decreased by 13% from 2018 to 2022.
By Zoya Mirza • April 18, 2024 -
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Two-thirds of ‘sustainable’ passive funds are supporting fossil fuel expansion: Reclaim Finance
Greenwashing threatens efforts to advance sustainability goals, researchers from the climate nonprofit say.
By Suman Bhattacharyya • April 8, 2024 -
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Regulation compliance and curbing emissions were key themes at Responsible Business USA 2024
Panel discussions centered on decarbonizing supply chains, navigating a complex political climate, preparing emissions disclosures and more.
By Zoya Mirza • April 3, 2024 -
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Congressional DEI office closes as part of government cuts
While shrinking resources are to blame, this marks another sign of a DEI backslide in the U.S.
By Caroline Colvin • April 1, 2024 -
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Citi says 71% of energy clients lack substantive transition plan or ‘ability to execute’
The bank made the disclosure in its latest climate report in response to a proposal that had been put forward by shareholder advocacy group As You Sow.
By Lamar Johnson • April 1, 2024 -
Courtesy of Nissan Motor Co. Ltd
Nissan’s new EV plan aims for significant cost reduction
‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.
By Eric Walz , Michael Brady • March 29, 2024 -
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Patients and social initiatives focus of sustainability strategy: AstraZeneca and Lilly
Improving health outcomes requires better treatment, but “it also means [having] a healthy planet, which is integral to having a healthy body,” AstraZeneca’s CFO said at Responsible Business USA.
By Zoya Mirza • March 28, 2024 -
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Sustainable sourcing platform Circular eyes expansion with $10.5M in funding
Circular plans to expand internationally, add employees and introduce materials besides plastics to the platform.
By Katie Pyzyk • March 28, 2024 -
Dillard’s pays $70K to worker who claimed retaliation for reporting race, pregnancy bias
A store manager rescinded the employee’s existing accommodation and punitively transferred her, EEOC alleged.
By Ryan Golden • March 26, 2024 -
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Flexing for the planet: How Walmart crushed its supplier emissions target
The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.
By Ben Unglesbee • March 22, 2024 -
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Morningstar launches indexes on companies’ transition to low carbon economy
The financial services firm believes the indexes offer “a very different way” for investors who want to target the climate transition, while “maintaining exposure to high carbon-intensive sectors.”
By Lamar Johnson • March 20, 2024 -
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Support for ESG proposals fell by a third since 2021 record: Report
“Politics clearly had a role to play and cast a chill on the top end of proposal voting,” according to Sustainable Investments Institute Executive Director Heidi Welsh.
By Lamar Johnson • March 15, 2024 -
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Target, Starbucks top racial and gender pay scorecard while Nike slides: report
The scorecard, the seventh annual from Arjuna Capital, surveyed over 128 companies across seven sectors.
By Zoya Mirza • March 14, 2024 -
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As You Sow stays the course with plastic reduction resolutions despite ESG headwinds
“I think this is a really difficult year for shareholder resolutions,” said Kelly McBee, circular economy manager at As You Sow. To date, its 2024 consumer packaging efforts target Altria, Amazon and others.
By Maria Rachal • March 14, 2024 -
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Massachusetts pension fund updates ESG proxy voting policies
The updates include additional information on how the state pension fund will vote on the “most important and scrutinized corporate governance topics among institutional investors.”
By Lamar Johnson • March 12, 2024 -
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Appeals court upholds oil permitting pause in California’s Kern County
The ruling sends the county back to the drawing board on both its environmental report and amendments to its permitting process for new oil and gas wells.
By Lamar Johnson • March 11, 2024 -
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Gender diversity on boards correlates with high credit quality: Moody’s
Investors seek greater gender and racial diversity on corporate boards, according to the Securities and Exchange Commission.
By Jim Tyson • March 8, 2024 -
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SCOTUS affirmative action ruling leaves opening for corporate DEI, former AG Holder says
A carve-out for military academies suggests that what applies to educational institutions doesn’t necessarily extend to the business world.
By Suman Bhattacharyya • March 7, 2024 -
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SEC drops scope 3 from final climate rule, takes phased approach to scope 1 and 2 reporting
The agency said scope 3 was removed due to a large number of comments concerning compliance costs, as well as the consistency and reliability of scope 3 data.
By Lamar Johnson • Updated March 6, 2024
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