Posts tagged banking services industry
Why the Term ‘ESG’ Is Disappearing — But the Practices Remain
June 22, 2025 // In 2023, Vincent Vernuccio claimed “You will be hearing less and less about ESG. They are still going to be doing it. But they are just not calling it ESG.” I was surprised to hear that back then. Nearly two years later, it is time to examine how this prediction has unfolded. What has changed in corporate communication, investment trends, and regulatory landscapes? And how do developments in the United States compare to those in Europe, where ESG is subject to increasing scrutiny and reform?
Big Labor is Targeting Banks and Credit Unions??
March 28, 2022 // Recent successful efforts by big labor to organize and unionize bank and credit union workers in New York, Washington, Oregon and California, highlight the financial industry’s vulnerability. Of course, supervisors and managers are generally prohibited from assisting and excluded from forming a labor union under the National Labor Relations Act (NLRA), nearly every other type of employee in the private sector is generally free to organize and bargain collectively with their employer and engage in other protected concerted activities related to terms and conditions of employment, or choose to refrain from such activities. Being simply employed by a bank, credit union or other financial institution does not prevent the worker from forming or joining a union under the NLRA.