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Chevron's Shareholders Vote Against Emissions Cuts Proposal
May 31, 2022
A majority of Chevron Corp's investors voted against a proposal to adopt greenhouse gas emissions reductions targets, in a move that reflects support for the steps the company has already taken to address the issue.
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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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Billionaire Larry Fink becoming top Adversary of the Right
May 25, 2022
Writing in the Washington Examiner, Economics Reporter Zachary Halaschak, details how BlackRock CEO Larry Fink has used his influence running the world’s largest money manager, to push for environmental, social, and governance (ESG) standards and push a corporate shift away from shareholder capitalism toward stakeholder capitalism bringing him to odds with the Conservative Right.
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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.