Fossil Fuel Giants Claim To Support Climate Science, Yet Still Fund Denial | HuffPost

More on the disgraceful disinformation campaign conducted by FTI Consulting on behalf of its fossil fuel clients, whic included the creation of fake front groups, fake “information” resources, even fake social medial profiles. [D]ocuments and recordings reviewed by HuffPost show that the Independent Petroleum Association of America has spent almost $2 million a year for…

Proposal With Caveat: A Purpose-Based Corporation

Shareholder value maximization has been severely criticized in recent years, but it is not clear what if anything is to take its place. In this paper we review three models of corporate value creation – shareholder value, stakeholder value and company purpose achievement – and their implications for corporate governance. We first discuss shareholder value and how…

VEA Vice Chair Quoted on How to best manage ESG disclosures | CFO Dive

The countless environmental, social and governance (ESG) reporting systems can make the disclosure process time-consuming, duplicative and confusing. Companies should centralize ESG oversight into a single function, Evan Williams, capital markets competitiveness director for the U.S. Chamber of Commerce, said.  “This prevents internal splintering between different standards and [gives] companies one unified message on ESG,”…

Top CEOs form exclusive climate change club

The CEOs of 22 of Australia’s biggest companies, including BHP, Commonwealth Bank of Australia, AGL, Rio Tinto and Wesfarmers, have joined forces to collaborate on ways to reduce emissions in line with the Paris Agreement. The Climate Leaders Coalition is driven by Lynette Mayne, head of the Australian branch of British businessman Richard Branson’s “B…

Four Spots Biden Is Likely to Reverse SEC Deregulation

In a Biden administration, a reconstituted SEC led by a Democratic chair and consisting of a Democratic majority will most likely launch an active rulemaking agenda, roll back Trump-era regulations, and step up its enforcement and inspections programs. Here are the four places to look first as the SEC retires the Commission’s current deregulatory approach….