Displaying 111 results
Texas bans Barclays from muni market over ESG dispute
The state's attorney general said the bank failed to respond to requests for information about its carbon emission commitments.
ESG funds see first ever global net outflows
US investors pulled $5.1 billion from sustainable funds in Q4 2023.
Wall Street adopts new defense against attacks on ESG
Climate alliances are changing their language to counter GOP allegations that climate alliances represent a form of collusion that warrants antitrust lawsuits.
BlackRock, State Street cited for blocking green resolutions
A report from nonprofit ShareAction finds BlackRock supported just of 20 climate resolutions in 2023 that were analyzed by ShareAction.
Why activist investors are set to pull back on ESG campaigns
It's all about effectiveness, says consulting firm.
Catholic 401(k) MEP will screen funds for morality
A forthcoming multiple-employer plan aims to help nonprofit and for-profit Catholic affiliates avoid exposure to investments that Catholics might find objectionable.
SEC climate agenda stalls
The lack of progress is worrying environmental activists given the approach of the US presidential election, which could scuttle the regulator's ESG efforts.
BlackRock sued for alleged misleading ESG strategy
Tennessee lawsuit claims 'a pattern of deception' which the firm rejects.
New tool enables certification of SEC Names Rule compliance
Fintech says its solution provides greater scrutiny of ESG claims.
Watch out, anti-ESG groups – here comes anti-anti ESG
The latest organization seeking to combat the anti-ESG crowd says it's embarking on a $10 million campaign.
COP28 fell short, but renewables investing is promising, advocates say
Most groups will be unhappy with the compromises in the pact, but the talks reflect powerful demand for clean energy.
Even the world’s No. 1 ESG fund has boosted oil, gas exposure
$5T fund has made a significant increase in fossil fuels since new regs were introduced.
Young investors have weakened their stance on ESG, study reveals
Gen Z and millennials are less prepared to give up returns to meet their ideals.
Can banks really be trusted on ESG when they set their own rules?
Discussions at COP28 include global standards for sustainability reporting.
Sizable decline in US ESG market leads global shrinkage
A report shows investors had $30.3 trillion in sustainable assets in 2022, down from $35.3 trillion in 2020.
JPMorgan’s struggling ETFs show crisis in demand for do-good funds
The firm announced Thursday that it will shutter two socially conscious exchange-traded funds by year-end.
ESG veteran warns of multiyear purge for ESG, with ETFs next
Sustainability-focused investors could be facing even tougher times ahead.
ESG is now mainstream despite US skepticism, say investors
US investors pulled $2.7B from sustainable funds in Q3 but global peers are not deterred.
Out of sight but top of mind: SEC maintains ESG focus despite absence in exam priorities
'Firms should continue with rigor and diligence to operate their ESG risk and compliance programs,' a compliance expert says.
SEC to investment funds: Quit playing name games
For years, investors in mutual funds and ETFs have been investing in products whose actual portfolio holdings can stray dramatically from what's implied by the name of the fund.
