Reporting: Page 2

  • 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 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
  • SEC headquarters
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    "U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
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    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
  • 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
  • Ursula von der Leyen, head of the European Commission, delivers a speech in front of the European Parliament
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    Johannes Simon via Getty Images
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    EU sustainability, supply chain simplification efforts face ‘split’ parliament, experts say

    Efforts to simplify compliance “shouldn't compromise the protection of the people and the planet,” a policy adviser to a member of the European Parliament said at a conference.

    By • March 17, 2025
  • Over and under water photograph of mangrove tree in clear tropical waters
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    Permission granted by Cool Effect
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    Sponsored by Cool Effect

    Demystifying the carbon market with transparency

    The question isn’t whether or not climate change is happening — the question is, how do we address it?

    March 17, 2025
  • People seen walking down Wall Street.
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    Spencer Platt via Getty Images
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    US banks turn to SEC to dodge climate, social shareholder proposals

    The agency has largely denied the requests, ruling that banks must put the requests to disclose its clean energy financing ratios and indigenous rights practices to a vote.

    By • March 14, 2025
  • A power plant with stacks of coal sits at a bend in a river.
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    halbergman via Getty Images
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    EPA aims to roll back power sector regulations in broad deregulatory push

    It would likely take several years — potentially into the next presidency — to revise at least some of the targeted regulations, according to analysts.

    By Ethan Howland • March 14, 2025
  • Aerial top view of mangrove forest.
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    Fahroni via Getty Images
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    Microsoft buys 1.5M tonnes of carbon credits from Climate Impact Partners

    The tech giant will purchase the credits over a 30-year period, as the carbon credit project developer plants millions of native trees in India.

    By • March 10, 2025
  • A red sign reads "Bank of America" with the bank's flag logo next to it.
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    Spencer Platt / Staff via Getty Images
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    BofA, Wells, Truist de-emphasize DEI in annual filings

    In its paperwork, BofA now uses “opportunity” in place of diversity. Wells, meanwhile, scrapped its diverse-slate interview policy, along with mentions of its pay equity review.

    By Caitlin Mullen • March 4, 2025
  • View of trees from corporate building
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    Fahroni via Getty Images
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    Anti-ESG groups intensify activism early in 2025 proxy season

    Opposition to corporate sustainability efforts has grown in recent years, culminating in an anti-ESG order by President Donald Trump last month.

    By Jim Tyson • Feb. 28, 2025
  • European Union flags are pictured outside the European Commission building.
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    Carl Court via Getty Images
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    EU adopts omnibus proposal, trims sustainability reporting requirements

    The simplified package would remove 80% of companies from the scope of the Corporate Sustainability Reporting Directive and delay reporting timelines.

    By • Feb. 27, 2025
  • Bank sign
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    Courtesy of U.S. Bank
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    U.S. Bank scrubs DEI, fair pay references

    Mentions of the lender’s diverse-slate hiring policy, pay comparisons by gender and race, and flexible work were absent from its most recent annual filing.

    By Dan Ennis • Feb. 27, 2025
  • EU issues a preliminary finding that Apple violates the Digital Market Act
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    Scott Olson via Getty Images
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    Apple shareholders emphatically reject anti-DEI proposal

    More than 97% of voting shareholders dismissed the proposal by a conservative think tank asking Apple to “cease DEI efforts” at its annual meeting.

    By • Feb. 26, 2025
  • Shot of Morgan Stanley logo
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    Mario Tama via Getty Images
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    Morgan Stanley, Capital One downplay DEI efforts

    A Morgan Stanley filing highlights its proportion of women and ethnically diverse employees but contains a statement on “meritocracy.” Meanwhile, Capital One isn't touting pay equity like it used to.

    By Dan Ennis • Feb. 26, 2025
  • SEC seal outside Washington D.C. building
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    Chip Somodevilla via Getty Images
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    SEC updates guidance on ESG engagement disclosures, prompts temporary confusion

    BlackRock and Vanguard, the nation’s largest asset managers, temporarily paused shareholder engagement meetings after a recent update to agency guidance.

    By • Feb. 25, 2025
  • View of trees from corporate building
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    Fahroni via Getty Images
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    Asset owners demand greater transparency on ESG amid increased scrutiny: Cerulli

    Pressure from regulators and stakeholders is driving a demand for accountability, but reporting standardization hurdles persist, analysts from the research firm said.

    By Suman Bhattacharyya • Feb. 25, 2025
  • House Financial Services Committee Chair French Hill speaking
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    Anna Rose Layden via Getty Images
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    CSDDD is a ‘non-tariff barrier’ for US companies: House Financial Services Chair

    Rep. French Hill said during a webinar that the Corporate Sustainability Due Diligence Directive will create costly barriers for U.S. corporations to do business in and engage with the bloc. 

    By • Feb. 19, 2025
  • whistleblower program, Peirce, Uyeda, confidentiality
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    hapabapa via Getty Images
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    The SEC has requested to delay climate rule arguments. What’s next?

    Sustainable investing experts are not surprised by the delay and say it is expected to have minimal immediate impact.

    By • Feb. 13, 2025
  • Mark Toshiro Uyeda testifies at a Senate hearing.
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    Tasos Katopodis via Getty Images
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    Acting SEC chair asks court not to schedule climate rule arguments

    “The Commission’s briefs previously submitted in the cases consolidated in the Eighth Circuit do not reflect my views,” Acting Chair Mark Uyeda said.

    By • Feb. 11, 2025
  • Snow seen melting in front of the New York State Capitol building.
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    Matthew Cavanaugh via Getty Images
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    New York reintroduces bills seeking climate risk, emissions disclosures

    Senate Bills 3456 and 3697, if approved, would mandate climate-related disclosures from large companies operating in the Empire State as early as 2027.

    By • Feb. 6, 2025
  • A wind turbine near a fossil fuel power plant in Massachusetts
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    Maudib via Getty Images
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    Banks improving clean energy finance ratios, still well-short of net-zero pace: report

    “The ratio isn’t evolving at the pace needed to hit the 4:1 level required this decade under commonly referenced scenarios to limit climate change to 1.5 [degrees Celsius],” according to BloombergNEF.

    By • Jan. 31, 2025
  • Wildfire smoke casts a haze over the National Mall.
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    Chip Somodevilla via Getty Images
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    Developments driving the ESG, sustainability industry in 2025

    The change in U.S. presidential leadership has triggered drawbacks of ESG and DEI commitments, as the private sector braces for a change in political direction.

    By , • Jan. 31, 2025
  • Tree Growth In nature And beautiful morning lighting
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    ArtRachen01
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    Rockefeller grant strengthens push for nature-related disclosures

    The Rockefeller Foundation announced it will give the Taskforce on Nature-related Financial Disclosures $500,000 to scale its voluntary adoption efforts, as the organization rolls out additional sector guidelines.

    By • Jan. 30, 2025