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Environmental, Social & Governance (ESG)

Red State Anti-ESG Laws Seen as Continuing Obstacle by Companies

Political backlash particularly at the state level remains a significant obstacle for corporations seeking to advance their environmental, social and governance policies, according to a new think tank study.

Power-Guzzling AI to Drive ESG Debt Sales, Says Morgan Stanley

The global artificial intelligence frenzy is driving demand for energy-intensive data centers, which could end up being a factor that boosts sales of green debt in the US, according to Morgan Stanley.

Honeywell Firing Over DEI Training Lawful, Seventh Circuit Says

Honeywell International Inc. didn’t violate federal and state workplace anti-discrimination laws when it terminated a White engineer for defying requests from management to participate in a mandatory diversity, equity, and inclusion training, a federal appeals court ruled.

Direct Digital Sued By Shareholder Over Ad Cookie Phaseout

Direct Digital Holdings Inc. was sued by a shareholder who alleges investors were misled about the advertising platform’s reliance on user-tracking technologies.

Microsoft, Apple Drop OpenAI Board Plans as Scrutiny Grows

Microsoft Corp. and Apple Inc. dropped plans to take board roles at <-bsp-bb-link state="{"bbHref":"bbg://securities/1554630D%20US%20Equity","_id":"00000190-9e85-d6e5-adde-bfd586aa0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">OpenAI in a surprise decision that underscores growing regulatory scrutiny of Big Tech’s influence over artificial intelligence.

Latest Stories

Biofuel Quota Delay Drawing Criticism from Corn Belt Lawmakers

The EPA is drawing criticism for an expected delay in outlining future quotas for blending biofuel into gasoline and diesel, with Rep. Adrian Smith, R-Neb., saying it erodes long-term planning necessary to help “move the agriculture industry forward.”

Harvard Hires New Lawyer From Weapons Maker Northrop Grumman

<-bsp-bb-link state="{"bbHref":"bbg://securities/3252Z%20US%20Equity","_id":"00000190-9e20-d6e5-adde-bff1c60e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Harvard University said it hired a new general counsel who previously worked at Northrop Grumman Corp. and the US Department of Defense, at a time when the institution faces intense scrutiny over its policies toward antisemitism and has faced calls from some students to cut financial ties with military contractors.

Honeywell Firing Over DEI Training Lawful, Seventh Circuit Says

Honeywell International Inc. didn’t violate federal and state workplace anti-discrimination laws when it terminated a White engineer for defying requests from management to participate in a mandatory diversity, equity, and inclusion training, a federal appeals court ruled.

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Archegos’ Bill Hwang Convicted of Fraud, Market Manipulation (2)

<-bsp-bb-link state="{"bbHref":"bbg://securities/0732002D%20US%20Equity","_id":"00000190-a038-d6e5-adde-bbf95d470000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Archegos Capital Management founder <-bsp-person state="{"_id":"00000190-a038-d6e5-adde-bbf95d470001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Bill Hwang was found guilty of criminal charges stemming from his firm’s 2021 collapse, concluding a two-month trial that captivated Wall Street.

ESG Explained: Socially Conscious Capitalism and Its Backlash

Republican state leaders have been pulling billions out of pension funds managed by investment firms like Black Rock. Why? Something called ESG. In this video, we explain what ESG is, why it’s become such a hot topic and what regulation — and litigation — we can expect in the near future.

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