BlackRock, UBS and Schroders are among the financial firms called out by the state comptroller for their 'boycott' of fossil-fuel companies.
In comment letters, fund companies and industry groups ask for more clarity from the regulator.
The Inflation Reduction Act provides certainty for sustainable investors, but compromises mean fossil fuel expansion.
These 10 funds are doing the best, but they're not like the others.
The senior director would like advisers to embrace conversations about ESG with clients and 'do a little less judging and maligning of people who are taking different approaches.'
The two products would invest at least 80% of their assets in corresponding indexes built by the firm.
Savers often randomly choose investments, but the future for ESG in retirement plans might still be strong.
Proposal filers and proxy advisers want the regulator to do more.
It's not just BlackRock that is less supportive of shareholder proposals, Morningstar finds.
The decision means corporate engagement on emissions is likely more important than ever.
