-
Reuters: U.S. ESG shareholder resolutions up 22% to record level for 2022, study finds
March 24, 2022
According to a study released by activist group As You Sow and researchers including the Sustainable Investments Institute, shareholders have filed a 529 resolutions related to environmental, social and governance (ESG) issues for the annual meetings of publicly traded U.S. companies so far this year, giving a 22% increase from this point in 2021.
-
Bloomberg: ESG investors at crossroads after investing in Putin's Russia
March 09, 2022
Sustainable funds labeled ESG (Environment, Social, Governance interests), a movement that promotes itself as changing the world for the good, are finding themselves at crossroads holding Russia Bonds, as well as shares of companies like state-run Gazprom, ultimately helping invest in Putin’s government.
-
Bloomberg Law: Who Regulates the ESG Ratings Industry?
February 23, 2022
Emanuel’s Kurt Wolfe examines the fact that questions are increasingly arising as to who rates the products and services as environmental, social, and governance (ESG) expands.
-
Villegas: What One Private Equity Investor Calls ‘Greenwashing,’? Another Calls ESG
February 23, 2022
Institutionalinvestor.com reviews PitchBook analyst Anikka Villegas note discussing the idea of « greenwashing » in business since the integration of environmental, social, and governance (ESG) and three sustainable investing philosophies held by investors, explaining how each philosophy can result in a drastically different-looking portfolio.
-
Biden Administration Looks to Pressure Investors Towards ESG Standards Through Climate Disclosures
February 21, 2022
As environmental, social, and governance (ESG) standards take more place in both the private sector and the government The Biden administration is prioritizing proposed rule-making that would require companies to produce climate-related disclosures, most notably through the Securities and Exchange Commission.
-
Will the U.S. work with the New International Sustainability Standards Board on Sustainability Reporting Rules?
February 16, 2022
Writing for CFO.com, Robert C. Pozen, trustee of the IFRS which oversees the Foundation International Accounting Standards Board (IASB) explores the question of whether or not the U.S. with adopt their international financial reporting standards created by a new International Sustainability Board whose goals are to create uniform financial reporting standards on climate change and sustainability.
-
FSOC reports on Climate-Related Financial Risk
February 16, 2022
The Financial Stability Oversight Council (FSOC), which is how all of the U.S. agencies coordinate on climate issues has just issued a new report on climate-related financial risk which concludes that climate-related financial risk is “an emerging threat to the financial stability of the United States.”
-
Companies Face Increased Pressure To Disclose Political Policies and Contributions
February 08, 2022
The environmental, social and governance (ESG) movement is increasingly impacting the business world to the point that corporations and their political action committees (PACs) are being pressured to justify their contributions based on a candidate’s voting record on ESG issues, like the North Carolina gender bathroom bill in 2016.
-
FTI Consulting Resilience Barometer® Reveals Businesses Lack Expertise Needed to Navigate ESG
February 02, 2022
The January 2022 FTI Consulting Resilience Barometer®, which surveyed senior executives from more than 3,300 large companies across G-20 countries, broke down the effects of ESG on businesses, finding that despite increased spending on environmental, social and governance (“ESG”), two-thirds of companies remain unprepared and under-resourced to withstand scrutiny, potentially exposing them to additional risk.
-
ESG: Hyperboles and Reality
George Serafeim - Harvard Business School
January 19, 2022
George Serafeim of Harvard Business School relates his observations of over a decade of research on ESG as well as its effects, misunderstandings, and the eventual usefulness of ESG assessments and ratings.