UN-ESG

Andrieux: Critics Warm ESG Unlikely to Survive in its Current Form

July 12, 2022

Jean-Baptiste Andrieux writing for moneymarketing.co.uk explores the recent warning from lobby group Net Zero Watch that environmental, societal, and governance (ESG) is unlikely to survive in its current form in large part due to the current Russia-Ukraine conflict.
Hogan Lovells: Heading towards ESG class actions in the EU?

July 11, 2022

Hogan Lovells writes on the European Union, after more that 20 years of developing collective redress mechanisms to address mass claims situations, adopt a directive harmonizing a set of rules which may encourage the rise of ESG litigation.
Saint-Simon’s Technocratic Internationalism a Model for todays’ ESG Movement?

July 06, 2022

The global economic governance ambitions of today’s ESG movement are comparable to the early 19th century technocratic-internationalist ambitions of utopian socialist Henri de Saint-Simon and the Saint-Simonian political, religious, and social movement
EU Lawmakers Set Board Diversity Requirements

June 28, 2022

The Council and European Parliament have announced an agreement on a new law that sets targets for EU companies to create gender balance on corporate boards, increasing representation of women on boards, targeting 40% of non-executive director positions, and 33% of all board positions, by 2026.
Two Dozen AGs Challenge SEC Climate Rule

June 22, 2022

Two dozen state attorneys general have written a letter to the Securities and Exchange Commission (SEC) secretary demanding that the agency not finalize a Biden rule taking a "maximally aggressive regulatory approach" by forcing public companies to publish extensive climate-related disclosures on the grounds that "Regulatory agencies of the federal government must never become political action committees. »
AG Takes a Stand Against Woke Investing

June 22, 2022

Environmental, Social, and Governance (ESG) investing has grown enormously in the United States and has accelerated political activism within American corporations and Institutions, leading Kentucky Attorney General Daniel Cameron to outline a way to push back against ESG by holding money management firms accountable for not acting in their clients’ financial best interests.
Banks Face Push to Disclose how their Lending Leads to Pollution

June 22, 2022

According to a group of Democratic senators, new rules proposed by the US Securities and Exchange Commission (SEC) that require companies to reveal detailed data about their greenhouse gas emissions should also have to make public how their lending and investment activities impact pollution.
Rafi Cites For-Profit UN-ESG Consulting Firms to explain why Sustainability is Crucial for Corporate Strategy

June 14, 2022

Global Consultant Talal Rafi writing for the World Economic Forum explains how sustainability is crucial for corporation strategy if they want to remain relevant, citing for profit UN-ESG (Economic, Social, Governance) consulting firms as examples.
Bloomberg: SEC Proposals for ESG Ignore 80 Years of Financial Science

June 08, 2022

Former managing director and head of financial market research at AQR Capital Management Aaron Brown argues that the US Securities and Exchange Commission is right to be concerned about « greenwashing » of investments with environmental, social and governance considerations but is ignoring 80 years of financial science which will lead to ineffective solutions.
Brookings compares U.S. and EU UN-ESG Disclosure Regimes

June 08, 2022

Addisu Lashitew writing for the Brookings Institute explores how Environment, Social and Governance disclosure regimes differ between the United States and the European Union.