Oklahoma Judge Blocks State’s Anti-ESG Law May 9, 2024 By Clark Mindock and Ross Kerber A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment...
JPMorgan, State Street Quit Climate Group, BlackRock Steps Back February 16, 2024 By Simon Jessop and Ross Kerber JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global investor coalition pushing companies to rein in...
Companies Face Less Pressure for Climate and Social Reforms June 9, 2023 By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as...
U.S. Securities Regulator Lists April for Climate Rule Action January 13, 2023 By Ross Kerber The top U.S. securities regulator has cited April as the release date for a long-anticipated rule on companies’ climate-related disclosures,...
Texas Republicans, Financial Executives Spar Over Climate Actions December 16, 2022 By Ross Kerber Financial executives and Texas state senators clashed over company concerns for climate change at a hearing on Thursday, a rare...
Corporate America Looks for Leeway on U.S. Climate Disclosures June 22, 2022 By Katanga Johnson and Ross Kerber Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission (SEC)...
Gunmaker Shareholders Back Human Rights Impact Reporting Resolution June 2, 2022 By Ross Kerber A majority of shareholders of gunmaker Sturm Ruger & Co. voted in favor of a shareholder resolution calling for a...
SEC to Unveil Rule to Crackdown on Funds ESG ‘Greenwashing’ May 25, 2022 By Katanga Johnson and Ross Kerber The U.S. Securities and Exchange Commission (SEC) on Wednesday will propose rule changes aimed at stamping out unfounded claims by...
Tesla Cut From S&P 500 ESG Index, and Elon Musk Tweets His Fury May 19, 2022 By Ross Kerber An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc. from the widely...
Goldman Sachs Vows to Push Directors for More Climate Disclosure March 28, 2022 By Ross Kerber Goldman Sachs’ big asset-management arm will take a harder line in voting on directors at companies that do not disclose...