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UNEP Financial Initiative: Innovative Financing for Sustainability
November 19, 2021
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UK Government Publishes Roadmap to Sustainable Investing
November 03, 2021
The UK Government has published "Greening Finance: A Roadmap to Sustainable Investing," which details the economy-wide Sustainability Disclosure Requirements for business, the financial sector, and investment products.
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U.S. Regulators Unveil Blueprint to Tackle Financial Climate Risks
October 27, 2021
The U.S. Financial Stability Oversight Council ("FSOC") has issued a report providing roadmap for integrating climate risk management into the financial regulatory system, which could lead to new rules and stricter oversight for public companies.
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Senator Rubio Expresses Concern about "Woke" Federal Investment Guidelines
October 20, 2021
Senator Marco Rubio (R-FL) has voiced concern about the Employee Benefits Security Administration’s proposed “Prudence and Loyalty in Selecting Plan Investments and Shareholder Rights,” which permits investment on criteria beyond profit and loss, including climate change and progress on workforce diversity and inclusion.
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KPMG's Knopp: ‘CEO’ Will Soon Be Synonymous With ‘ESG’
October 20, 2021
Paul Knopp, CEO of KPMG, which operates a ESG consulting practice, opines that "it's clear that ESG progress will be the measuring stick for CEOs."
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Rob Kyprianou: Stakeholder Capitalism Needs an ESG Czar
October 20, 2021
Because corporate concern about environmental, social, and governance ("ESG") issues is causing a rapid shift from shareholder to stakeholder capitalism, Rob Kyprianou suggests that the need for clarity and efficacy calls for the appointment of an ESG "Czar."
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Shinder Explains Potential Pitfalls of ESG Investing
October 13, 2021
In The Hill, Richard Shinder identifies the several challenges with, and negative consequences from, the application of ESG principles to enterprise management and institutional asset allocation.
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Republican Lawmakers Question ESG Agenda
October 06, 2021
As the Securities and Exchange Commission works on rules for mandatory environmental, social and governance ("ESG") disclosures, Republican lawmakers are criticizing corporations that embrace the ESG agenda.
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Bank of America, Lowe's Sponsored CRT training Urging Whites to ‘Cede Power to People of Color'
August 23, 2021
Christopher Rufo, a senior fellow at the Manhattan Institute, revealing the critical race theory challenge that Bank of America, Lowe's, and Truist Financial Corporation sponsored through United Way entitled « Racial Equity 21-Day Challenge » which claims that America is systemically and institutionally racist, encourages participants to "decolonize [their] mind[s]", and urges white people to "cede power to people of color."
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German Court Rules Facebook Improperly Blocked Accounts
August 03, 2021
Germany’s Federal Court ruled that Facebook’s deletion of comments made by two German users that the company felt violated community standards for hate speech and the blocking of their accounts was done improperly and ordered the comments reinstated.