Global Banking Regulators Agree to Prioritize Climate Risk Work May 13, 2025 By Virginia Furness Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid...
EU Plan to Water Down ESG Rules Risks Wave of Litigation, Legal Scholars Warn May 9, 2025 By Frances Schwartzkopff The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation,...
Buyer’s Remorse Hits Finance Bosses Who ‘Overhired’ for ESG May 1, 2025 By Gautam Naik There’s a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according...
What Two Oil Firm Ads Show About Where UK Regulator Draws Line on Greenwashing April 10, 2025 By Olivia Rudgard An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled...
Deutsche Bank’s DWS Pays $27 Million in German Greenwashing Case April 3, 2025 By Karin Matussek and Arno Schütze Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into...
Allianz Global Investors Scraps Nuclear, Military Exclusions to Back Europe Rearmament April 1, 2025 By Iain Withers Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defense, becoming one of the...
Australian Pension Fund Fined A$10.5 Million for Greenwashing March 18, 2025 By Amy Bainbridge and Nasteho Said Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its...
Trump Has Companies in Europe and Asia Walking a DEI Tightrope March 18, 2025 By Siraj Datoo Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and...
UK Financial Watchdogs Drop Diversity and ‘Name and Shame’ Reforms March 12, 2025 By Sinead Cruise Britain’s top financial regulators have scrapped proposed new rules to boost diversity and inclusion in the industry, and mothballed a...
British Drugmaker GSK Abandons Diversity Targets Following Trump Pressure February 28, 2025 By Maggie Fick British drugmaker GSK will no longer set diversity targets, it said on Thursday, as it became the latest company to...