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Environmental, Social & Governance (ESG)

Lobbyists See Demand for Guiding CEOs in Hostile Hill Hearings

It’s been a bruising Congress already for top corporate executives, from TikTok to Boeing, and lobbyists say they expect more to come as lawmakers look to put a spotlight on tech, pharmaceutical, aviation, and other industries.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

First Solar Fights Foreign Subsidies While Cashing In on Its Own

Long before panel-maker First Solar Inc. asked the US to penalize rival imports it says illegally benefit from foreign subsidies, the company began receiving similar incentives from some of the same countries.

Australian Lawmakers Back Retroactive Petroleum Tax Law Change

Australian lawmakers have backed a government plan to narrow mining exploration tax claims despite strong opposition from the oil and gas sector.

SEC Urged to Probe JBS Claims on Environment, Animal Welfare

Animal rights organizations have asked the SEC to investigate meatpacking giant JBS SA for allegedly misleading investors about its animal welfare and environmental practices in paperwork submitted to list the company on the New York Stock Exchange.

Latest Stories

Adidas CEO Rides Samba Craze to Revive Brand After Ye Debacle

Setbacks and stumbles piled up for Adidas before Chief Executive Officer Bjorn Gulden arrived last year, ranging from a boycott of Western brands in China to the demise of the company’s partnership with rapper Ye after his anti-Semitic comments.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

DOJ Says It Still Hasn’t Decided Whether to Prosecute Boeing

The <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"00000190-3c75-d497-a7fb-fc7db8d70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Justice Department told attorneys for families of victims of two fatal 737 Max crashes that it still hasn’t decided whether to pursue criminal charges against Boeing Co., after determining last month the planemaker had breached a 2021 agreement with the government.

Lawmaker Vows New $15 Billion Oil Fight at Calpers, Calstrs

A California bill forcing the two largest US pension funds to divest an estimated $15 billion in oil and gas assets has quietly fizzled for the third straight year, but the influential state lawmaker behind the effort vowed to renew the legislation with a stronger alliance of climate activists.

American Airlines Must Head to Trial Over ESG 401(k) Funds

American Airlines Group Inc. must face a pilot’s claims that its 401(k) plan is loaded with investments geared toward “leftist political agendas,” using environmental, social, and corporate governance strategies, a judge ruled Thursday.

BBVA’s Spying Case Won’t Prompt Bank of Spain Action Until Over

A spying case involving Banco Bilbao Vizcaya Argentaria SA won’t prompt any action from its regulator until after a final ruling in the matter, a top <-bsp-bb-link state="{"bbHref":"bbg://securities/1181Z%20SM%20Equity","_id":"00000190-3b13-d497-a7fb-ff1f02cb0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bank of Spain official said.

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Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay (1)

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

Chevron Must Pay $120 Million to Family-Owned Oil Company

A Chevron Corp. subsidiary lost its bid for a new trial and must pay $120 million for damaging an oil company’s field, a California appeals court ruled on Friday, emphasizing the importance of efficiency in the jury selection process.

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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