Anti-diversity, equity and inclusion (DEI) activity is not new, but it is intensifying, having been emboldened by the Supreme Court ruling on Affirmative Action in higher education and the divisive nature of current politics and policy. Corporations are navigating lawsuits, retraction letters, calls for EEOC investigations and…
The 2024 proxy season is expected to be a challenging period for companies to navigate. The upcoming U.S. presidential election has fueled further political divide on ESG topics, and that political divide continues to complicate the domestic landscape. Outside of the U.S., Europe and other markets continue to mandate company…
Executive Summary As efforts to limit climate change accelerate and governments make plans for net zero, they are increasingly asking the same of businesses. Many organisations will need to fundamentally change how they operate to comply. These net zero requirements are often complex, fundamentally transformational and long term enough to…
This spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News BlackRock’s Investment Stewardship team released updated 2024 proxy voting guidelines for U.S. securities summarizing the asset managers philosophy and approach to engagement and voting, as well as outlining governance…
The European Green Deal is an ambitious plan which aims to make the European Union (EU) “climate proof.” It is a key legacy of the Von der Leyen Commission and is still ongoing. Shortly after the last European elections in 2019, the new Commission President announced plans to make the…
This spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News The European Parliament announced an agreement on its proposed negotiating mandate for the regulation of ESG ratings as the bloc aims to eliminate greenwashing and protect businesses and consumers.
This is the sixth and final report in Teneo’s ’23 & ESG Series. Other reports in the series include the top 10 takeaways and key statistics of 2023 U.S. sustainability reports, DE&I data within U.S. sustainability reports, a study of Australian…
This spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News The United Nations Climate Conference, COP28, concluded with a historic agreement to transition away from fossil fuels and rein in climate change. Representatives from nearly 200 countries agreed to…
Context “COP28 occurred at a decisive moment in the fight against climate change. It’s important that the outcome of the Global Stocktake clearly reaffirms the need for limiting global temperature rise to 1.5°C and that this requires drastic reductions in emissions this decade. For the first time, there is a…
In this fifth report of Teneo’s ‘23 & ESG Series, we take a look at reporting trends through a European lens. Other reports in the series highlight the top 10 takeaways and key statistics of 2023 sustainability reports, DE&I data, Australian…
With COP28 kicking off last Thursday, there are some considerations that executives should keep in mind as the event continues over the next week. What Business Leaders Need to Know About COP28 The private sector has a key role to play in accelerating decarbonization, particularly regarding collaboration across businesses, as…
This is the fourth report in Teneo’s ’23 & ESG Series analyzing 250 sustainability reports published by S&P 500 companies between January 1-June 30, 2023 (“2023 sustainability reports”). Other reports in the series highlight the top 10 takeaways and key statistics of 2023 sustainability reports,…
This spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News The California Public Employees’ Retirement System (CalPERS) announced its Sustainable Investment 2030 Strategy, which will more than double its climate-focused investments to $100B by 2030 and cut in half its portfolio’s…
This spotlight explores key ESG-related market developments and their implications for corporates and investors. Teneo published our annual study of proxy season trends, entitled: 2023 Proxy Season Review: Institutional Investor Expectations in a Divided World. In addition to covering recent proxy voting trends, the report looks at…
