Corporate social responsibility

Form of corporate self-regulation aimed at contributing to social or charitable goals

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We include updates on Diversity, equity, and inclusion, The Honest Company, Triple bottom line, Science Based Targets initiative, United Nations Global Compact, Impact investing, National Securities Depository Limited, Stakeholder engagement, Sustainable finance, Sustainable sourcing, Nishkama Karma, Sustainability accounting, Minority business enterprise, Creating shared value, Product stewardship, Double bottom line ... and more.

April 2025	Diversity, equity, and inclusion U.S. military academies officially ended affirmative action in their admissions processes.
March 2025	Diversity, equity, and inclusion The United States Court of Appeals for the Fourth Circuit paused a lower court's nationwide preliminary injunction and permitted enforcement of Trump's executive orders against DEI programs. Fourth Circuit Allows Anti-DEI Executive Order Provisions Involving Federal Contractors and Grantees to Proceed - McGuireWoods www.mcguirewoods.com Fourth Circuit Lifts Injunction on Key DEI Executive Order Provisions www.smithlaw.com
2025	Together for Sustainability Celanese and Novonesis became members of TfS, further expanding the organization's reach in the chemical industry. TfS welcomes three new member companies - TFS Initiative www.tfs-initiative.com
February 2025	Diversity, equity, and inclusion A lawsuit was filed against Trump's executive orders, arguing they violated Constitutional rights. Block on Trump executive orders restricting DEI programs lifted : NPR www.npr.org www.reuters.com
2025	Diversity, equity, and inclusion Axios conducted a poll indicating that over 50% of Americans across demographics reported DEI initiatives had no impact on their jobs. Among those who experienced an impact, most said DEI had benefited rather than hindered their work environment. www.axios.com What companies are rolling back DEI policies in 2025? www.techtarget.com
February 5 2025	Diversity, equity, and inclusion Axios reported that the Department of Government Efficiency (DOGE) was searching through NOAA's databases to identify employees associated with DEI initiatives.
January 20 2025	Diversity, equity, and inclusion President Trump issued an executive order calling DEI efforts 'illegal and immoral discrimination programs', demanding shutdown of governmental DEI programs by January 23. Federal Register :: Executive Orders www.federalregister.gov Trump Executive Orders Target DEI in Government and Private Sector www.pillsburylaw.com
January 2025	Science Based Targets initiative David Kennedy was announced as the new CEO of the Science Based Targets initiative, succeeding Luiz Amaral. SBTi appoints David Kennedy as CEO - Science Based Targets Initiative sciencebasedtargets.org Who is David Kennedy, the new CEO of SBTi? \| Sustainability Magazine sustainabilitymag.com
2024	Diversity Corporate trend emerges of reducing in-house DEI positions and shifting DEI work to external consultants, with an additional 8 percent reduction in DEI jobs.
2024	Together for Sustainability Altana, Syensqo, Symrise, and Univar Solutions joined TfS, continuing the organization's steady membership growth.
2024	Diversity Washington Post reported a corporate trend of reducing in-house DEI positions, with a further 8 percent shrinkage in DEI roles and a shift towards delegating DEI work to external consultants. www.usnews.com www.washingtonpost.com
2024	Diversity New research demonstrated a plausibly causal link between workforce gender diversity and financial performance in major firms, using stock returns as a measurement metric.
2024	SDG Publishers Compact Springer Nature is set to launch Nature Cities, a journal relating to SDG 11 (Sustainable cities and communities) and other SDGs.
2024	SDG Publishers Compact Clarivate Plc signed the Publishers Compact, expanding the international support for the initiative.
2024	Diversity, equity, and inclusion MIT becomes the first major university to announce the removal of diversity statements from all faculty position applications. MIT stops asking faculty applicants for diversity statements www.insidehighered.com MIT Will No Longer Require Diversity Statements for Hiring Faculty - The New York Times www.nytimes.com
2024	Diversity, equity, and inclusion Academy Awards introduced new eligibility requirements mandating that films must meet two of four diversity standards to qualify for best-picture nomination. Oscars 2024 New Rules: Best Picture Inclusion Standards and More www.rollingstone.com www.oscars.org
December 2024	Diversity, equity, and inclusion The US Court of Appeals for the Fifth Circuit held in Alliance for Fair Board Recruitment v. SEC that the SEC lacked the authority to approve Nasdaq's board diversity rules.
December 21 2024	Sustainable finance The European Union Green Bonds Regulation comes into force, enabling the issuance of 'European Green Bond' (EuGB) by various entities.
September 2024	Diversity, equity, and inclusion Human Rights Campaign poll found that 80% of LGBT Americans would boycott companies that repeal DEI programs, and 19% would quit their job if DEI initiatives were removed from their workplace.
July 2 2024	Science Based Targets initiative CEO Luiz Amaral announced his decision to step down from the Science Based Targets initiative for personal reasons.
June 2024	Diversity, equity, and inclusion The Washington Post and Ipsos conducted a poll revealing that 6 in 10 Americans view diversity, equity, and inclusion programs positively.
April 2024	The Honest Company Jessica Alba stepped down from her role as Chief Creative Officer.
April 2024	Science Based Targets initiative SBTi Board of Trustees released a statement indicating an intention to permit environmental attribute certificates (EACs) for Scope 3 emissions reduction targets, despite previous resistance. The decision was influenced by the Bezos Earth Fund and sparked internal and external controversy.
January 2024	Diversity, equity, and inclusion Florida Board of Education banned the use of federal or state money for DEI programs in universities.
January 2024	Diversity, equity, and inclusion The Washington Post reported a trend in corporate America to reduce DEI positions and delegate the work to external consultants, with an additional 8 percent shrinkage in DEI roles.
2023	Diversity, equity, and inclusion Students for Fair Admissions sued U.S. military academies after the Supreme Court's ruling on race-based admissions, which had excluded military institutions from its original decision.
2023	Together for Sustainability HA Group, Indorama, Johnson Matthey, Momentive Performance Materials, Nouryon, Oleon NV, Sabic, Semperit, Synthomer, Tricon, and Yara became members of TfS, further expanding the organization's global representation.
2023	Diversity DEI jobs reached their peak, followed by a 5 percent decrease in the number of in-house diversity positions.
2023	SDG Publishers Compact The Lowitja Institute is expected to launch First Nations Health and Wellbeing - The Lowitja Journal, an international peer-reviewed open access journal for First Nations research, in collaboration with Elsevier.
2023	SDG Publishers Compact PLOS joined the SDG Publishers Compact, reaffirming its commitment to advancing the 17 Sustainable Development Goals by promoting scientific content related to the goals and committing to sustainable business actions.
2023	SDG Publishers Compact Universities from Australia, Canada, and Great Britain dominated the top 100 rankings in the Times Higher Education Impact Rankings.
2023	Diversity, equity, and inclusion Florida passed two significant laws: one prohibiting public colleges from requiring 'political loyalty tests' for employment, admission, or promotion, and another banning the use of state or federal funds for DEI efforts unless federally required.
2023	Diversity, equity, and inclusion Time magazine published an article highlighting the ongoing neglect of people with disabilities within diversity, equity, and inclusion efforts.
2023	Diversity, equity, and inclusion DEI job market peaked, followed by a 5 percent decrease in DEI positions, with the attrition rate for DEI roles being approximately twice that of non-DEI positions.
2023	Diversity, equity, and inclusion Texas enacted two laws: one prohibiting DEI practices not compliant with state constitutional equality, and another banning DEI offices, staff, mandatory diversity training, and identity-based diversity statements that provide preference based on race or sex.
2023	Diversity, equity, and inclusion Actor Richard Dreyfuss publicly criticized the Academy Award's diversity and inclusion standards, describing them as morally legislating art.
2023	Diversity, equity, and inclusion Republican-dominated state legislatures began introducing bills against Diversity, Equity, and Inclusion (DEI) efforts, primarily targeting state colleges and universities.
2023	Diversity, equity, and inclusion The Supreme Court rejected affirmative action in college admissions in Students for Fair Admissions v. Harvard, marking a significant shift in DEI policies.
2023	Diversity, equity, and inclusion Over 80 anti-DEI bills were tracked by The Chronicle of Higher Education, with eight becoming law across multiple states including Florida, Texas, North Carolina, North Dakota, Tennessee, and Utah.
2023	Diversity, equity, and inclusion Richard Bilkszto, a former Toronto principal, died by suicide, which led to significant controversy surrounding DEI practices and freedom of expression in the workplace. Ontario Minister of Education Stephen Lecce subsequently called for a review of professional training and accountability in school boards.
July 2023	Diversity, equity, and inclusion The U.S. House of Representatives voted to ban all Diversity, Equity, and Inclusion (DEI) offices and initiatives within the Pentagon and military, with a partisan vote where all Democrats and four Republican members opposed the ban.
June 2023	Together for Sustainability Jennifer Jewson, CPO of LyondellBasell, was elected as president of the Together for Sustainability (TfS) initiative.
June 2023	Sustainable finance The European Commission is set to adopt the first set of sustainability reporting standards.
June 2023	Diversity, equity, and inclusion The US Supreme Court ruled in Students for Fair Admissions v. Harvard, eliminating the use of affirmative action in college admissions, which significantly impacted race-conscious policies in higher education.
May 2023	Diversity, equity, and inclusion Texas enacted legislation banning DEI offices and programs at publicly funded colleges and universities.
March 2023	Diversity, equity, and inclusion Iowa advanced a bill to ban spending on DEI initiatives in public universities.
March 2023	Diversity, equity, and inclusion Texas House of Representatives passed a bill prohibiting the use of state funds for Diversity, Equity, and Inclusion (DEI) programs in universities and colleges.
February 22 2023	Sustainable finance Hong Kong's Financial Secretary Paul Chan delivered the 2023–24 budget, emphasizing green economy, sustainable development, and China's '3060 Dual Carbon Targets'.
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