ExxonMobil Approach to Activist ESG Shareholders ExxonMobil has filed proceedings in the US District Court for the Northern District of Texas against two shareholders, alleging that proposals seeking an increased pace for reductions in emissions amount to “intrusion” into ExxonMobil’s ordinary business operations and should not be put to […] Click here to view original […]

useng via Getty Images CFOs have seen their roles expand across organizations. Some of this increase is organic, such as partnering with chief information officers to build a tech investment strategy. And in the past few years, CFOs have gradually become key players in environmental, social, and governance (ESG) […] Click here to view original

Sustainable green city eco-city vector illustration ESG – Environmental Social Governance illustration Generative AI A transformative wave of financial reporting regulations is reshaping the landscape of ESG ratings, challenging companies to move beyond superficial commitments. Environmental, social, and governance (ESG) ratings have long been integral in assessing the risk […] Click here to view original

Interest in debt-for-nature swaps has since increased, with several of the world’s biggest banks lining up to do more deals. From Wall Street to the City of London, senior roles are being created around one of ESG’s youngest but fastest-growing areas: biodiversity. Banks adding such positions include JPMorgan Chase […] Click here to view original

Republican presidential candidate Florida Gov. Ron DeSantis speaks at an Iowa Renewable Fuels … [+] In a video posted on X , Governor Ron DeSantis announced that Florida will begin cracking down on violations of the state’s environmental, social, and governance regulations. Passed in 2023, Florida’s anti-ESG legislation prohibited […] Click here to view original

(Credit: maykal/Adobe Stock) Nearly one-quarter of in-house attorneys surveyed by Norton Rose Fulbright say their companies’ ESG-related risk exposure increased in 2023, and 27% expect it to get worse in 2024. The firm’s recently released “ 2024 Litigation Trends Survey ,” based on interviews with 400 in-house attorneys late […] Click here to view original