Corporate Governance: Page 6


  • A view of numerous trees in a dense forest.
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    Stockyme via Getty Images
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    Meta signs 10-year forestry-based carbon offtake deal

    In “one of the first known contracts” like it, forest investment and management firm EFM will deliver 676,000 nature-based credits as 68,000 acres of forest transition to climate-smart management.

    By April 3, 2025
  • American Express logo on window
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    Scott Olson via Getty Images
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    Amex says it stopped using diversity goals to set pay last year

    A conservative legal group filed a proposal stating the company should do away with such incentives, but the company said it already shifted away from that practice.

    By Patrick Cooley • April 3, 2025
  • Wells Fargo headquarters in San Francisco is pictured on June 6, 2023.
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    JHVEPhoto via Getty Images
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    Tennessee ends Wells Fargo probe after bank scraps net-zero target

    The state's attorney general commended Wells Fargo’s “pro-consumer decision to step away from utopian policymaking." Seventeen other states had joined the probe.

    By Rajashree Chakravarty • April 2, 2025
  • OCC
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    Retrieved from OCC.
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    OCC ends climate risk guidance for large banks

    The Office of the Comptroller of Currency withdrew guidance to help financial institutions managing over $100 billion in total assets identify and manage financial risks related to climate change.

    By April 1, 2025
  • The flag of the European Union is projected on helium balloon reflected in a puddle on a cobblestone street.
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    Gabriel Kuchta via Getty Images
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    European Council adopts proposal to delay sustainability reporting

    The European Parliament has set an April 1 vote for the “stop the clock” measure, which would officially delay reporting deadlines for the bloc’s corporate sustainability laws.

    By March 31, 2025
  • SEC logo is on display outside its building in Washington, D.C.
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    Chip Somodevilla via Getty Images
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    SEC withdraws defense of climate-risk disclosure rule

    The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle the rule.

    By March 28, 2025
  • ING becomes first global bank with SBTi-validated targets

    The bank set targets to reduce its scope 1 and scope 2 emissions for 2030, as well as portfolio targets related to its fossil fuel financing.

    By March 27, 2025
  • The Google logo is displayed on a building.
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    Justin Sullivan via Getty Images
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    Google announces four sustainability partnerships aimed at water stewardship, farming

    The projects build on Google’s target to restore the volume of freshwater consumed across its offices and data centers, on average, by 120% by 2030.

    By March 27, 2025
  • The facade of a JLL office.
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    Marlon Trottmann via Getty Images
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    JLL acquires renewable energy banking firm Javelin Capital

    The global commercial real estate firm said the acquisition will “significantly enhance” the company’s capabilities in the U.S. energy and infrastructure markets.

    By March 26, 2025
  • A screenshot of the welcome page of Disney's shareholders meeting
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    Retrieved from Disney 2025 Annual Meeting of the Shareholders on March 25, 2025
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    Disney shareholders vote to remain in embattled LGBTQ+ ranking

    Only 1% of shareholders voted in favor of stepping back from the Human Rights Campaign’s Corporate Equality Index.

    By Caroline Colvin • March 26, 2025
  • The Amazon logo seen at Amazon campus in Palo Alto, California on February 18, 2020.
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    hapabapa via Getty Images
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    Amazon launches carbon credit service through sustainability hub

    The credits will be available to its U.S. supply chain partners, enterprise customers and Climate Pledge signatories with certain emissions reporting, net-zero targets and decarbonization strategies.

    By March 25, 2025
  • Stephen Lamar and Joanne Crevoiserat sit on a stage in conversation.
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    Courtesy of EPNAC
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    How fashion leaders are thinking about tariffs, textile sustainability

    Companies should focus on smart sourcing and responsible manufacturing in response to fluctuating tariffs, per Stephen Lamar, president and CEO of the American Apparel and Footwear Association.

    By Laurel Deppen • March 25, 2025
  • Donald Trump holds up a hat as he signs an executive order while sitting at his desk in the Oval Office
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    Alex Wong / Staff via Getty Images
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    EEOC outlines how DEI might be ‘unlawful’

    Documents outlining discrimination related to “DEI at work” have prompted attorneys to say that employers should re-evaluate their DEI programs now.

    By Caroline Colvin • March 24, 2025
  • A JPMorgan Chase logo stands in front of a building on a city street.
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    subman via Getty Images
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    JPMorgan rebrands DEI, leaves Net-Zero Asset Managers initiative

    The bank said it will swap “equity” for “opportunity” in its DEI policy and that it left NZAM due to the net-zero group’s operational pause.

    By March 24, 2025
  • Circular Federal Triangle Environmental Protection Agency EPA Washington DC
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    bpperry via Getty Images
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    Federal judge blocks EPA’s $14B GGRF funding freeze

    The EPA “proffered no evidence to support their basis for the sudden terminations, or that they followed the proper procedures,” said U.S. District Judge Tanya Chutkan. 

    By Diana DiGangi • March 24, 2025
  • Smoke streaming from the smokestacks of the TECO Big Bend coal-fired power plant in Apollo Beach, Florida
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    donm60 via Getty Images
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    BlackRock, Vanguard, State Street seek dismissal of red states’ coal antitrust suit

    The asset managers said the Republican-led states offered “no plausible facts” to support the claim that the three firms conspired to collectively cut coal production in the U.S.

    By March 21, 2025
  • California state flag and state capitol building in Sacramento
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    DustyPixel via Getty Images
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    CARB asked to implement California’s climate disclosure laws, align with global standards

    Ceres asked the California Air Resources Board to support climate laws to “help deliver standardized, high-quality disclosures of companies’ climate related financial risks.”

    By March 21, 2025
  • A conference participant walks past a spinning representation of Planet Earth during the UNFCCC COP27.
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    Sean Gallup via Getty Images
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    SBTi releases draft of updated corporate net-zero standard

    The Science Based Targets initiative said this “Version 2” of the standard focuses on companies going “from ambition to progress.”

    By March 20, 2025
  • A sign marks the location of the U.S. Equal Employment Opportunity Commission's Local Office in Savannah, Georgia on September 17, 2022.
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    Ryan Golden/ESG Dive
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    EEOC acting chair says agency will investigate big law firms’ DEI programs

    Former EEOC commissioners said Andrea Lucas’ letters probing firms “imply a duty to respond without any basis in the laws that EEOC enforces.”

    By Ryan Golden • March 20, 2025
  • A closeup of Ben and Jerry's ice cream pints.
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    Kevin Dietsch via Getty Images
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    Ben & Jerry’s says CEO fired by Unilever over social activism

    The ice cream maker alleged the consumer goods giant has “repeatedly threatened” its personnel if they failed to “silence” their outspokenness.

    By Christopher Doering • March 20, 2025
  • A person looks out over the turbines across the river.
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    Christopher Furlong via Getty Images
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    Amid shifting views on ESG, investors retain climate focus: Berkeley Climate Summit

    Anti-ESG backlash, reporting hurdles and regulatory uncertainty have put sustainability at a crossroads, panelists said.

    By Suman Bhattacharyya • March 19, 2025
  • Business executive seen talking to an engineer in workwear in front of solar panels.
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    Max Kegfire via Getty Images
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    Opinion

    Sustainability as strategy: Why smart companies keep ESG policies despite political headwinds

    ESG integration delivers operational benefits that transcend political viewpoints, says Aquent Sustainable Solutions Vice President Jody Mousseau.

    By Jody Mousseau • March 18, 2025
  • SEC pushes back Names Rule compliance dates

    Funds will now have an additional six months to comply with the rule requiring funds’ investment strategies to align with any advertised purposes, like ESG or sustainability.

    By March 18, 2025
  • Newly-installed solar panels face the sky at the construction site of a new solar energy park as wind turbines spin behind in Germany.
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    Sean Gallup via Getty Images
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    IRA credits and energy demand continue to drive renewables investments

    Despite the Trump administration’s focus on fossil fuels and opposition to the IRA, analysts anticipate the renewables market will continue benefiting from high energy demand.

    By Diana DiGangi • March 18, 2025
  • A John Deere logo is seen on a green tractor
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    Justin Sullivan via Getty Images
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    Deere shareholders vote down anti-DEI proposal

    The move comes months after the tractor giant rolled back its support for “social or cultural awareness events” in July.

    By Nathan Owens • March 17, 2025