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Accenture, Microsoft to partner on UN-ESG Service Offerings
June 08, 2022
Accenture, Microsoft and their digital cloud and advisory services and solutions joint venture Avanade announced the launch of a new partnership enabling organizations transform operations, products, services and value chains to accelerate the net zero transition, with plans to expand their focus to ESG issues in the future.
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U.S. SEC Unveils Rules to Ensure ESG Funds Follow Through on Investments
June 01, 2022
The Securities and Exchange Commission (SEC) has proposed rule changes enforcing more standardization of fund’s environmental, social and corporate governance (ESG) credentials and limit unfounded claims.
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Conservatives Counter Woke Companies with New Viewpoint Diversity Score Business Index
June 01, 2022
Inspire Investing, a Christian investment and technology firm, and the Alliance Defending Freedom, a conservative legal foundation have launched Viewpoint Diversity Score Business Index to measure “corporate respect for religious and ideological diversity in the market, workplace and public square”, countering the corporate scorecards on issues such as sustainability, racial justice and LGBTQ rights that abound on the left.
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WEF Issues New Board Guidance on Complying with Human Rights
May 25, 2022
The World Economic Forum's Global Future Council on Human Rights has issued its Guidance Notes for Boards, explaining how they can use their position to uphold compliance with Human Rights.
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Tesla Removed from S&P 500 ESG index
May 25, 2022
New Twitter owner, Elon Musk, has had his company Tesla removed from the S&P 500 ESG index, a key stock index that tracks sustainable and socially conscious companies, with S&P citing accusations of racial discrimination and poor working conditions.
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Deloitte Global CEO uses WEF to Promote Purpose-Driven ESG Metrics Client Services
May 25, 2022
As the ESG trend shifts from reporting progress to embedding ESG metrics, Deloitte Global CEO uses the World Economic Forum (WEF) to promote purpose-driven ESG metrics stating that given the complexity of the issues in the world today, society is only going to get so far without their help to develop solutions.
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Paolo Carozza named to Meta Oversight Board
May 23, 2022
University of Notre Dame professor of law and concurrent professor of political science, Paolo G. Carozza will join the 23 member Oversight Board for Meta, the parent company of various social media giants including Facebook as well as virtual reality platform Reality Labs, and will focus on addressing a variety of issues related to freedom of expression and human rights within the Metasphere.
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Washington Times: Proponents of ESG see Business as a Type of Social Welfare Organization
May 18, 2022
As American businesses aim to be more socially responsible, supporters of Environment, Social, and Governance policies (ESG) are pushing businesses to contemplate the bigger picture in every move they make, treating business as another type of social welfare organization, with responsibilities and obligations to the world at large.
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Stuttaford in NRO: ESG, Energy, and War
May 18, 2022
Andrew Stuttaford writing in National Review Online explains how Environmental, Social and Governance (ESG) policies are not producing the promised success citing BlackRock as an example.
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Vinson & Elkins: First ESG Taskforce Lawsuit Shows SEC Serious on Disclosures
May 18, 2022
Vinson & Elkins attorneys warn that the SEC’s lawsuit against Vale S.A., a publicly traded mining company based in Rio de Janeiro, reveals that the SEC is considering all reporting and public statements, not just required filings, when determining if a company has misled its investors on environmental and social matters.