The European Commission on Wednesday proposed to substantially loosen the requirements on companies to report on the social and environmental impacts of their operations. The proposal would limit the rules to companies with more than 1,000 employees and revenue over 50 million euros ($53 million), which means that about 80 percent of companies currently covered…
A prominent group of chief executives said almost six years ago that making profits for shareholders was only part of their business — and not necessarily the main part. Speaking collectively as the Business Roundtable, C.E.O.s from companies like Johnson & Johnson, FedEx, Wells Fargo and Amazon said that, really, they were devoted to serving…
The acting chair of the Securities and Exchange Commission, Mark Uyeda, took the first step on Tuesday to rolling back a rule that would require thousands of publicly traded companies to provide investors with detailed information about the impact of their businesses on climate and the environment. Mr. Uyeda said in a statement that he…
A few days after President Trump issued an order urging the private sector to end “Illegal D.E.I. Discrimination and Preferences,” the Rev. Al Sharpton led about 100 people into a Costco in East Harlem for a so-called buy-cott. The idea was to shop and support the company for maintaining its diversity, equity and inclusion policies…
When President Trump signed an executive order to withdraw the United States from the Paris climate agreement on Monday as part of his flurry of moves upon taking office, it represented a shot across the bow of the world leaders and chief executives gathered in Davos, Switzerland. Many of the political and business figures attending…
As the second presidency of Donald J. Trump begins, America’s largest banks and asset managers have abandoned one of the most overt symbols of their commitment to reaching green goals: climate action networks. In the month leading up to Mr. Trump’s inauguration on Monday, the six largest U.S. banks, including JPMorgan and Goldman Sachs, left…
And Mr. Trump, too, will be unavoidable in Davos, even if he is not there in person. (He is expected to give a speech in a virtual appearance on Thursday.) Yet the implications for a second Trump administration on the climate are more straightforward. Mr. Trump has called for a rapid expansion of fossil fuels…
NEW DELHI: Over the past 10 years, Coal India Ltd has allocated Rs 5,570 crore for Corporate Social Responsibility (CSR) initiatives with main primary focus on education, healthcare, sports, skill development and women empowerment, chairman PM Prasad revealed on Sunday.“Coal India spent Rs 5,570 crore in Corporate Social Responsibility initiatives over the past 10 years,”…
