Companies don't want to talk about their environmental, social and governance goals anymore, experts inPromoting ESG policies was once an easy layup to score good press — and theoretically move toward bettering society — but now it's a way to court controversy, the ire of politicians, and attention fromA dozen financial companies, including BlackRock, Blackstone and KKR, now list anti-ESG efforts as a risk in their annual reports, theAnti-ESG forces are in full swing this proxy season —...
Investors have filed 68 anti-ESG proposals this year to date — compared to 45 in all of 2022, per data from the Sustainable Investments Institute, a nonprofit. About one-third of the anti-ESG proposals this year are focused on diversity — asking companies, including Apple, JPMorgan, Coca-Cola and McDonald's, to report on the "risks" that their anti-discrimination or racial justice efforts pose to their business.
Two proposals ask companies to avoid public policy positions unless there's a business justification. And a handful are asking public companies to report the risks"Companies should be prepared to deal with ESG backlash," the Conference Board warned in its recent proxy season preview.Historically, anti-ESG proposals like these have failed.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
California utility companies fixed-rate delivery proposal faces backlash from customers -SAN DIEGO (KUSI) – A recent proposal by California electric companies would break up monthly charges by the amount of energy used and the income of the household. SCE, PG&E, and SDG&E submitted a joint proposal to the California Public Utilities Commission which outlined a fixed-rate restructuring based on household income. In short, higher income earners would be charged more... who makes up these numbers? Iliana Walker's (falsely accused Matt Araiza and others of a crime) lawyer, Anna Yum, withdrew from the case when she learned that Walker lied about Araiza. Now Gilleon will try this case alone, hates the courtroom, no jury trials, and has lisp & stutters It's a stab in the back to all who got solar. It supports the power companies more than the consumers
Source: KUSINews - 🏆 241. / 63 Read more »
3 New U.S. Employment Regulations That Companies Should Prepare for NowIn 2023, company leaders will have to address new regulations and laws in three areas — noncompete clauses, pay transparency, and human capital disclosures — that have far-reaching implications that company leaders may not have fully grasped. How these changes will play out is far from clear, but the time to start thinking about them is now. The author presents several ways to view the coming changes as an opportunity to think deeply about their talent strategy and turn these regulatory developments to their advantage. We've known Biden is a criminal since 2015. Why tf isn't he in prison ? Because our government is corrupt af
Source: HarvardBiz - 🏆 310. / 63 Read more »
Reddit will charge companies for API access, citing AI training concerns | EngadgetReddit will begin charging companies for access to the API and collections of data typically used to train large language models and related AI platforms. AI data is the one thing, monetary incentives the other thing. it feels a lot like tech layoffs. one company took the bullet and the others followed since they could all refer to this particular case without being the bad guy.
Source: engadget - 🏆 276. / 63 Read more »
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: LawyerMorrison Cohen LLP partner ohaiom says crypto companies may start pushing back against regulators by using the U.S. Supreme Court's 'major questions doctrine.' _franvela reports ohaiom _franvela What you and I have been chatting about for awhile MichelleSKallen. Still need the right case though, positioned the right way, with a party that wants to see it all the way through.
Source: CoinDesk - 🏆 291. / 63 Read more »
U.S. to Penalize Companies for Staying Quiet About Export-Control IssuesThe U.S. Commerce Department is cracking down on companies that discover potential export-control violations but choose not to disclose them to the government 단속이라한다면 잘못은안된다는거야 난미래에도행복하고싶어우리모두가 I much more concerned with companies imposing DEI on its clients..
Source: WSJ - 🏆 98. / 63 Read more »