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...
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...
AXA to Join €1B Regenerative Agriculture Fund to Help Mitigate Climate Change May 13, 2022 Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro...
Tesla, Echoing Musk, Says ESG Metrics Are ‘Fundamentally Flawed’ May 9, 2022 By Saijel Kishan Tesla Inc., whose Chief Executive Officer Elon Musk has criticized ESG for making little sense, said current ways of measuring...
Aspen Becomes 17th Insurer to Stop Insuring Canada’s Trans Mountain Pipeline April 21, 2022 By L.S. Howard Lloyd’s of London syndicate Aspen Insurance has decided to cut ties with the existing Trans Mountain pipeline when its current...
People Moves: TigerRisk Taps RenRe’s Everdell to Lead Casualty; HUB Promotes Chandani for Hospitality Specialty; Fidelis Names Brindle as Head of Sustainability April 19, 2022 This edition of International People Moves details appointments at two brokers, TigerRisk and Hub International, and the insurer Fidelis. A...
Australia Should Force Firms to Report Human Rights Abuses in Anti-Slavery Law: Analyst April 8, 2022 By Matthew Burgess Australia should force companies to report potential human rights abuses as part of a review of its modern slavery disclosure...
New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
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...