Through the first seven months of this year, U.S. investors launched 607 ESG and executive pay campaigns, up 25% compared to the first seven months of 2021. Just over half the campaigns (310) focused on environmental and social issues, almost…
By Trey Thoelcke
· 1:38pm ET S&P Dow Jones Indices and Sustainable1, an ESG intelligence provider, announced on earlier this month the launch of a group of climate-focused market benchmarks called the S&P Net Zero 2050 Carbon Budget…
Trey Thoelcke A nearly 100-year-old consumer research organization is providing powerful, and sometimes strident, anti-ESG messages, many of which have been directed at some of America’s largest and most well-known corporations. Consumers’ Research is…
Trey Thoelcke Stuart Kirk, head of HSBC Asset Management’s responsible investing business, compared last May the current concerns about the climate crisis to the Y2K bug doomsday predictions. During a presentation at a conference…
Trey Thoelcke Florida and Texas, two of the country’s most populous states, have recently enacted anti-ESG regulations. These regulations forbid state investment and pension fund managers from doing business with asset management firms and banks that…
In a press release last month, Florida Gov. Ron DeSantis claimed credit for eliminating environmental, social, and governance considerations from the state’s pension and investment funds. DeSantis is one of three Trustees of Florida’s…
The European Commission is stepping up its scrutiny of alleged “greenwashing” in its markets. Greenwashing is the conveying of a false impression or disseminating misleading information on how a company’s products, goals, and policies…
The American Banking Association has called on the Securities and Exchange Commission to revise its climate risk disclosure proposal for public companies. The SEC proposal requires the measurement, disclosure, and auditing of the greenhouse…
The European Commission proposed last year to add natural gas and nuclear power to the so-called EU Taxonomy of clean, sustainable energy sources. Early last month, the EU Parliament voted to include both on…
In 2015, the United Nations adopted a list of 17 sustainable development goals, known as SDGs, intended to drive policies that would end all forms of poverty, fight inequality, and battle climate change. A…
This article is sponsored by Corporate Citizen Project. In the latest salvo against asset management firms, rating agencies, and proxy advisory companies, Missouri’s Attorney General Eric Schmitt has begun an investigation into Morningstar and…
This article is sponsored by Corporate Citizen Project. Investment management giant BlackRock voted in 2021 in support of 149 U.S. shareholder proposals related to environmental, social, and governance issues at companies’ annual general meetings.…