Business is caught in political crossfire of ESG disputes

Conservatives have sued to prevent the Nasdaq stock exchange from requiring companies with fewer than two board members who are women or members of ethnic minorities to explain themselves. At the same time, legal complaints are coming in from consumer groups and those on the left against companies that make unjustified sustainability claims.

People reflected in the window of the Nasdaq MarketSite in Times Square, New York City © Spencer Platt/Getty Images The litigious fervour is, in some ways, typical of the way Americans have dealt with contentious issues in recent decades. A country made up of immigrants of different cultures, races and religions can try to force assimilation or find ways to balance the different points of view.

That requires thoughtful judges to sort out competing claims — something that is only just starting to happen when it comes to ESG-related issues. A New York federal judge recently found that shoe company Allbirds’ slogan “our sheep live a good life” was too vague to be misleading. However, a court in California is allowing a lawsuit to go forward that claims the labelling on Reynolds’ “recycling bags” tricks consumers into believing that the bags themselves are recyclable.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

How business schools can help tackle the biggest problemsAn academic’s three steps to put environmental and societal issues at the heart of teaching What is the equivalent of treading water on land? In America's trickle-down economic system? It is living paycheck to paycheck. Trying not to get eaten by the sharks of bill collectors or swamped by the waves of layoffs & rent hikes! Reverse neoliberalism! Worker-Owned Business Fire Marxist professors?
출처: FT - 🏆 113. / 51 더 많은 것을 읽으십시오 »

How a New Year's Resolution led to a Leeds mother setting up her award-winning businessA Leeds bookseller has told how a New Year’s Resolution set off a chain of events that led to her establishing her award winning business.
출처: LeedsNews - 🏆 48. / 63 더 많은 것을 읽으십시오 »

FT European Business Schools Ranking 2022: tough timesCompetition for students, Covid and the war in Ukraine have piled pressure on institutions Any Business School keeping silence on bank capital requirements with risk weights: 0% government – 100% citizens, as if bureaucrats know better what to do with taxpayers’ credit than businesses with theirs, should it not rebrand as a Bureaucracy School?🤔
출처: FT - 🏆 113. / 51 더 많은 것을 읽으십시오 »