Displaying 1070 results
Quakers divesting $17 million from Vanguard over climate change
Earth Quaker Action Team is planning to announce the withdrawals this week at Vanguard's headquarters.
Anti-ESG funds started with roar, tapered to meow, report finds
Sales were strong late last year amid several ETF launches in this category, but have since slowed, according to Morningstar.
Anti-ESG group targets Bank of America
Will Hild’s Consumers’ Research is focusing on the second-largest US bank in its latest push against sustainable investing.
House hearing on ESG goes off the rails
The hearing showed that Republicans and Democrats don't agree on what 'choice' means in the context of investing.
First 401(k) lawsuit over ESG targets American Airlines’ $26 billion plan
The case, which is seeking class status, also names Fidelity and Financial Engines as defendants.
Anti-ESG shareholder proposals rise sharply
A report from the Sustainable Investment Institute shows a 76% uptick this year in shareholder resolutions asking companies to undo their work on diversity, equity and inclusion, and other issues.
Amid oil industry profits and anti-ESG campaigns, proxy votes see less support
Environmentally focused resolutions are getting double-digit support, but less than similar proposals had in 2022.
California lawmakers move ahead with major climate disclosure bills
The state is poised to go much further on emissions reporting than the Securities and Exchange Commission.
House bill would nix ESG funds in Thrift Savings Plan
The retirement plan for federal government workers also includes numerous Christian and 'pro-life' funds that would seemingly be affected by the legislation.
California bill would require state pension funds to divest oil, gas assets
The measure seeks divestment of an estimated $15 billion from oil and gas companies by CalPERS, CalSTRS.
BNY hires first chief sustainability officer from BlackRock
Meaghan Muldoon, who had been global head of ESG integration at BlackRock, started in her new position at BNY Mellon this month.
Advisors connect rising women philanthropists to their tribes
As Gen X and baby boomer women realize they qualify as philanthropists, new platforms and groups are emerging to equip them with community and context.
State Street further extends proxy voting choice to ETFs
The new policy will apply to more than 80% of institutional equity fund assets and ETFs.
Vanguard CEO Buckley tiptoes around ESG, embraces AI
'ESG funds are not the next great innovation,’ Tim Buckley said at an Investment Company Institute conference. 'They’re a client preference, and we need to treat it as such.'
Efforts to sway public opinion on ESG aren’t working, survey suggests
A Gallup poll shows that people's familiarity with ESG and views about it might not have been affected by the culture wars.
Swiss Re quits net zero group
The world's second-largest reinsurer is now the fourth major company to walk away from the Net Zero Insurance Alliance.
Insurers take heat from shareholders over oil and gas coverage
Resolutions asking companies to phase out coverage for new projects aren't doing as well as those pushing insurers to disclose plans for their climate goals.
ESG jobs in finance come with a bigger paycheck, data show
Hiring and compensation for industry position with 'ESG' in the title have increased, Revelio Labs found.
Sustainable investing practice brings advisor ‘perfect’ clients
Ninety-eight percent of Eric Souder's clients are invested in socially responsible portfolios he runs that are built with institutional shares of mutual funds.
Impax North America president Keefe to retire
Joe Keefe, who has led the group and its precursor since 2005, will be replaced by Ed Farrington, the group's head of distribution.
