The state financial officers of two dozen states are urging a board overseeing accounting principles that companies and government agencies follow, not to politicize those standards, which they argue would raise costs to companies — costs that would likely be passed onto consumers. In a letter to the Financial […] Click here to view original […]

Print A prominent street sign with American flags and the New York Stock Exchange in the background. In January, Axios reported a developing trend in corporate America: corporations across the United States were backing away from DEI, which had become a “minefield” for companies. Following a multi-year boom in […] Click here to view original

From the Magazine (September–October 2024) Kevin Hoth Summary. It’s been a rough few years for ESG—the popular shorthand for measuring and managing a company’s environmental, social, and governance performance. Critics on the political left believe ESG is insufficient for addressing major societal issues such as climate change; critics on […] Click here to view original

Deloitte South Asia chairperson Shefali Goradia. Summary Goradia said that firms are reaching out to head hunters for identifying candidates with skills in areas like artificial intelligence and environment, sustainability and governance (ESG), shifting from the past trend of going for internally-referred candidates. New Delhi: Public limited companies, including […] Click here to view original

ESG shareholder resolutions are still growing in number but, for the first time, the growth is primarily driven by ‘anti-ESG’ proponents, according to Morningstar. This year has been an interesting one for ESG votes, according to Morningstar Sustainalytics’ director of stewardship research and policy, Lindsey Stewart. With the 2024 […] Click here to view original

RBI official stressed the need for "enabling framework" to boost domestic issuance of ESG bonds There is a need to create an "enabling framework" to help Indian companies issue environmental, social and governance (ESG) bonds locally, a senior RBI official said on Friday. Follow our WhatsApp channel Underlining that […] Click here to view original