Climate change is no longer just a policy issue for governments and conferences; it has become a legal battleground. Around the world, citizens, activists, and even communities have increasingly turned to courts to demand stronger climate action and accountability. The number of climate change lawsuits...
International and European Reactions America’s DEI pullback is not contained within its borders, it has also created complex challenges internationally, especially for multinational companies and allies in Europe. American officials have tried to export the DEI rollback to foreign companies that do business with the U.S....
Corporate Reactions to DEI Backlash: Rollbacks and Resistance While U.S. federal policy set the tone for dismantling DEI initiatives in early 2025, corporate America has responded in sharply divergent ways. This second installment in SVI’s DEI series turns its focus to the private sector, where companies...
As a response to the fragmented environment of ESG reporting, the international community has begun taking its steps towards harmonization. After a joint vision has been shared by the five leading Framework and Standard-setting Institutions, also the Big Four Accounting Firms have recently disclosed a...
MorganStanley, Citi and Bank of America have joined the Partnership for Carbon Accounting Financials, a global group composed of 70 financial institutions representing more than $10 trillion in assets, which aims to provide financial institutions with a common methodology to assess and measure greenhouse gas emissions. Morgan Stanley,...
Despite the worldwide increase in ESG and sustainable investments, in the USA we are assisting to a great deterrence against ESG policies reviving the old objection they provide low returns, which has not been supported by the facts. In the last decade, a fundamental shift towards sustainable...
Major ESG-related controversies during the past six years were accompanied by market capitalization losses of $534 billion for large US companies over the past 5 years, according to an analysis by Bank of America Merrill Lynch. The research shows that "90% of bankruptcies in the...