UN-ESG

New Climate Initiatives to Put Pressure on Boards

May 04, 2021

On Earth Day 2021 two separate initiatives were announced that will likely to increase the pressure on boards to recognize climate as a significant enterprise risk and to more closely monitor management’s engagement on climate matters including President Biden’s commitment that the United States would reduce its greenhouse gas emissions by at least 50% by the end of the decade.
USA Today: FB Oversight Board will Allow Users to File Appeals over Content

April 19, 2021

Facebook’s oversight board has announced that it will begin letting individual users file appeals over posts, photos, and videos that they think the company should not allow on its platforms.
Axios: CEO’s Plan Political Involvement in State Voting Debates

April 14, 2021

Top CEOs and executives from businesses including Levi Strauss, LinkedIn and Delta met over a ZOOM summit to discuss a plan to get tougher on state legislators over new voting restrictions by withdrawing campaign contributions and retracting investments.
PwC: Should Executive Pay be Linked to ESG

April 12, 2021

Environmental, Social and Governance (ESG) issues become a strategic pillar in a growing number of companies, PwC, along with the London School of Economics has created a report on the benefits and potential negatives of paying executives based on ESG performance.
JDSupra: ESG Litigation in Europe

April 07, 2021

JDSupra has published a paper describing the significant rise of ESG litigation in Europe over the last decade as well as the causes of the recent spike in the EU and UK.
China is Becoming a Risk For Western Companies

April 05, 2021

Companies increasingly weigh the risk of doing business with Beijing as public concern mounts over human rights violations in the Chinese region of Xinjiang.
Multiple Companies Attack Georgia’s new election laws

April 02, 2021

Multiple companies from Apple to Delta are attacking Georgia’s new election laws, calling them «unacceptable », but remain hesitant to speak out against China's human rights violations, where they continue to do business.
SEC Moves Towards Exercising ESG and Climate Disclosure Powers

March 30, 2021

The Securities and Exchange Commission (“SEC”) has taken a major step towards requiring companies to disclose information relating to ESG and climate impacts, forming a Task Force focusing on climate and ESG issues.
India’s New Social Media Regulation Hits Big Tech

March 17, 2021

India, the second-largest internet economy, launched new regulation that Big Tech must put in place within the next three months and is intended to hold social media platforms accountable, giving the government the authority to have more power over how the social networks regulate their content.
Democrats Question TV Carriers' that Host Certain News Networks

February 24, 2021

U.S. House Democrats questioned a mix of media providers about their decisions to carry Fox News, One America News Network and Newsmax, accusing the right-leaning outlets of serving as "misinformation rumor mills".