Social Responsibility: Page 7
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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A store manager rescinded the employee’s existing accommodation and punitively transferred her, EEOC alleged.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 -
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 -
Explore the Trendline➔
TarikVision via Getty ImagesTrendlineTop 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Opinion
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 -
Deep Dive
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