Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings July 26, 2022 By Carolyn Cohn and Christoph Steitz European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance...
Tesla Sued in Germany Over Car Surveillance Cameras, Carbon Footprint Claims July 19, 2022 By Karin Matussek Tesla Inc. was hit by a lawsuit in Germany over potential privacy concerns linked to its car surveillance cameras and...
More Insurers to Offer Better D&O Coverage to Businesses With Robust ESG Frameworks: Marsh June 30, 2022 Marsh announced today several enhancements to directors and officers liability (D&O) insurance offerings that could enable more clients to benefit...
Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey June 27, 2022 By Juliette Portala Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not...
Nasdaq Urges SEC Not to Move Ahead with Climate Disclosure Plan June 17, 2022 By Katherine Doherty and Lydia Beyoud Nasdaq Inc. is pushing back against the US Securities and Exchange Commission’s plans to make publicly traded companies reveal detailed...
The SEC War on Greenwashing Has Begun June 15, 2022 By Tim Quinson For all the greenwashers out there on Wall Street, the party may really be over. There’s now little doubt that...
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...
WTW Enhances Climate Diagnostic Tool to Assist Climate-Related Reporting June 13, 2022 Insurance broker WTW has enhanced the capability of its Climate Diagnostic tool, which was first launched in April 2021. In...
Head of Deutsche Bank’s Asset Manager Steps Down After ‘Greenwashing’ Raids June 2, 2022 By Tom Sims, Frank Siebelt and Paul Carrel FRANKFURT – The chief executive of top German asset manager DWS will step down next week, he said on Wednesday,...
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...