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...
EU Mounts Major Retreat From ESG Agenda Amid Fierce Backlash February 25, 2025 By John Ainger and Frances Schwartzkopff The European Union is about to walk back significant chunks of planned ESG regulations, amid a barrage of complaints that...
EU Plans to Walk Back Key Planks of Toughest ESG Legislation February 24, 2025 By Frances Schwartzkopff and John Ainger The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation....
Climate Goals Still Make Business Sense, Rio Tinto CEO Says February 21, 2025 By David Stringer Rio Tinto Group, the world’s second-largest mining company and a major polluter, came out in support of corporate efforts to...
New UK-Based Climate Group Emerges as Banks Retreat February 20, 2025 By Natasha White It was a dank, drizzly February evening when about 120 people gathered in the brightly lit art gallery of London’s...
EU Weighs Easing Corporate Liability Under Toughest ESG Law February 12, 2025 By John Ainger The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches...
Investors With $6.8 Trillion Warn EU Not to Bow to ESG Backlash February 6, 2025 By Frances Schwartzkopff A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in...
Corporate ‘Irritation’ Over ESG Fueled by Significant Costs January 31, 2025 By Frances Schwartzkopff As ESG rapidly morphs into one of the least-loved labels in global finance, those monitoring the development say it’s not...
EU Says Drive to Simplify Will Not Weaken Climate Agenda January 30, 2025 By Kate Abnett The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von...