Social Responsibility: Page 8
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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 -
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 -
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 -
Deep Dive
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 -
Q&A
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 -
Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike
The company said it achieved carbon neutrality in some global operations through carbon offsets, despite a jump in scope 1 and scope 2 emissions overall.
By Zoya Mirza • Dec. 18, 2023 -
COP28 takeaways: More than $7B mobilized for food system climate action
With the end of the U.N. climate summit, here's a final tally of some of the major financial commitments and sustainability pledges meant to transform the agricultural and food sectors.
By Sarah Zimmerman • Dec. 18, 2023 -
Democratic senators press Gensler to expedite release of human capital disclosure rule
The updated rule — which requires companies to report on employee compensation, benefits, turnover data and more — is now slated for release in April 2024.
By Zoya Mirza • Dec. 15, 2023 -
Nuns take on big guns, sue Smith & Wesson board over AR-15 sales
Environmental law professor Victor Flatt said he expects to see more derivative suits filed over environmental, social and governance factors going forward.
By Lamar Johnson • Dec. 11, 2023 -
Lidl US’s first corporate social responsibility report outlines a dozen top goals for the company
The discounter said it aims to narrow its gender pay gap as well as reduce scope 1 and scope 2 greenhouse gas emissions by 70% by 2030.
By Catherine Douglas Moran • Dec. 8, 2023 -
The biggest food sustainability pledges at COP28, from Bezos to JBS
Food companies commit millions of dollars to tackle methane and advance regenerative agriculture, while governments prioritize farming in climate action plans. Here are the highlights from the U.N. climate summit in Dubai.
By Sarah Zimmerman • Dec. 7, 2023 -
Marriott works with Google to make its events more neuroinclusive for attendees
Large-scale events hosted by the hotel chain will now have accessibility measures like quiet rooms and real-time captioning to accommodate attendees in the neurodivergent community.
By Lamar Johnson • Dec. 5, 2023 -
Disney says ESG policies could cut into profits
Oklahoma’s state treasurer said the filing proves taking environmental, social and governance factors into account diminishes shareholder returns.
By Lamar Johnson • Dec. 4, 2023 -
Over 130 countries sign COP28 pledge to integrate food into climate action
Notably absent from the list of signatories is India, which has said it will refuse to sign on to any agreement that could compromise food security.
By Sarah Zimmerman • Dec. 4, 2023 -
DEI top priority for Coty as it expands global parental leave policy
The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.
By Zoya Mirza • Dec. 1, 2023 -
3M, other chemical manufacturers score win in PFAS case
The Sixth Circuit of the U.S. Court of Appeals in Cincinnati found the plaintiff could not tie the “forever” chemicals in his blood to the 10 named defendants.
By Lamar Johnson • Nov. 29, 2023 -
Bloomberg tool to map data based on UN Sustainable Development Goals
The company said the enterprise tool is the first to allow investors to assess how corporations are impacting the UN’s 2030 agenda.
By Lamar Johnson • Nov. 28, 2023 -
NYU’s Stern calls for system overhaul in ESG ratings
Environmental, social and governance investing should center on companies’ impacts on the environment and society rather than shareholder profit, the report argues.
By Lamar Johnson • Nov. 27, 2023 -
Starbucks introduces oversight committee to improve governance
The coffee chain said the Environmental, Partner and Community Impact committee will help improve its supply chain operations and employee relationships.
By Zoya Mirza • Nov. 22, 2023