Climate change

On Earth Day, many family-run businesses are ahead of corporate America when it comes to environmental, social and governance practices, according to a new survey by PricewaterhouseCoopers.

The infrastructure plan sets the stage for a drawn-out battle over his second big economic program.

President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.

The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.

The move is aimed at helping pave the way for a potential international standard-setter for ESG accounting.

The International Federation of Accountants convened a meeting of leaders of accounting organizations to advance sustainability reporting as momentum builds worldwide for consistent environmental, social and governance reporting.

Global organizations that set corporate reporting standards failed to keep pace with the ESG boom, opening the door to greenwashing, mispricing and bubbles, according to one such group.

The International Financial Accounting Standards Foundation is pushing forward on a proposal to set up an international sustainability standards board it would oversee along with the International Accounting Standards Board.

The Securities and Exchange Commission has formed a Climate and ESG Task Force in its enforcement division to identify misconduct in environmental, social and governance reporting.

The board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the IFRS Foundation.