Displaying 111 results
Maine legislators halt bill opposed to use of ESG factors
State pension professionals argued against it, saying the legislation would limit investment considerations.
The Bud Light case for ESG
The 'anti-woke' crowd found a boogeyman in Anheuser-Busch just as it has with ESG broadly.
ESG could have saved Silicon Valley Bank
One of the nation’s largest banks experienced a series of governance lapses that resulted in the mismanagement of interest-rate risk.
Florida’s new law makes ESG murkier
The law is the 'farthest-reaching' of the actions various states have taken to restrict the use of environmental, social and governance considerations.
Why the ESG backlash has little effect on corporations
Politicians' manufactured controversies are having minimal impact in boardrooms.
Hennessy Advisors picks up more assets to support new ESG ETF
The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.
New Hampshire Gov. Sununu joins anti-ESG fray amid setbacks for the movement
The governor signed an executive order this week that entails only limited practical restrictions on state assets but could have a chilling effect.
ESG opponent Strive gets warm welcome from some state pensions
Co-founder Vivek Ramaswamy, who recently stepped down to campaign for president, has said he wants to take politics out of investing.
Anti-ESG’s punching bag, BlackRock, keeps rolling with new ESG funds
The biggest sustainable fund manager in the country is preparing to launch several more products.
US SIF names new leader at a precarious time for ESG
Maria Lettini will take the helm of the influential group as sustainable investing has become a political rallying cry for some state leaders.
Vanguard’s step back from climate issues sparks ire from some clients
More than 1,000 clients signed a letter accusing the fund company of violating its fiduciary duty.
Vanguard’s efforts to navigate politics of ESG could be blueprint for others
Last month's decision to exit the Net Zero Asset Managers Initiative puts Vanguard in a spotlight it was likely trying to avoid.
Champions, critics drive ESG debate, disclosures
Investors have more power on ESG issues than ever, but regulation is becoming a hot-button issue.
Asset managers request climate disclosure from 10,000 companies
More than 680 financial institutions are asking corporates to report data using the CDP's system.
Anti-woke strategies emerge as flip side of ESG
As investing becomes increasingly political, investors will have to balance good feelings against good performance.
CalPERS, Carlyle in ESG data push
More than a dozen investment firms overseeing more than $4 trillion in assets are banding together to standardize data on the environmental, social and governance performance of their portfolio companies.
Goldman Sachs sells its first ESG bonds
Strong investor demand for sustainable investments pushes offering at the last minute up by $50 million to $800 million.
BlackRock’s Fink says investors are shifting to ESG-focused firms
CEO says companies that best embrace 'stakeholder capitalism' are outperforming their peers and will continue to do so
Businesses worldwide should prepare to disclose climate risk
The Federal Reserve and the U.K. Treasury have both released positions on climate risk disclosure
Biden administration needs to consider climate change at every turn
Biden should prioritize climate when he picks the EPA, FERC and transportation chiefs, as well as other cabinet positions
