EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout June 23, 2023 By Frances Schwartzkopff European banks are building out their risk models to better prepare for the fallout from climate change, with some even...
US Slips in Supply-Chain Ranks After Child-Labor Violations June 20, 2023 By Frances Schwartzkopff The US has joined a list of mostly emerging-market countries where ESG supply-chain risks are “high,” after the world’s richest...
Executive Bonuses in Crosshairs in New CO2 Proposal: ESG Regulation May 1, 2023 By Frances Schwartzkopff Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European...
ECB to Limit Purchases of Longer-Term Debt Issued by Climate Laggards September 21, 2022 By Frances Schwartzkopff The European Central Bank will limit purchases of longer-term debt issued by companies that rank poorly under a new scoring...
‘Hating ESG’: Advocates Are Looking to Replace the Label August 24, 2022 By Saijel Kishan and Frances Schwartzkopff A number of sustainable investing champions say it’s time for the “ESG” label to be shelved and replaced by something...
Confusion About ESG Prompts EU Watchdog to Urge Rethinking of Rulebook August 22, 2022 By Frances Schwartzkopff Europe’s markets watchdog is calling for a rethink of the region’s ESG investing rulebook after finding that the existing framework...
New Sustainability Rules Attacked for Protecting Profits Over Planet July 29, 2022 By Frances Schwartzkopff and Lisa Pham The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests...
ESG Fund Bosses Hit by ‘Reckoning’ as Goldman, DWS in Crosshairs June 13, 2022 By Frances Schwartzkopff One of the top legal firms advising asset managers on ESG says the industry needs to brace for a more...
European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules March 23, 2022 By Frances Schwartzkopff and John Ainger European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc’s ESG rules, marking a blow...
Floods Could Threaten Denmark’s Financial System: Central Bank June 10, 2021 By Frances Schwartzkopff Denmark’s central bank warned rising waters pose a threat to the financial system as property used as collateral against bank...