Wells Fargo Says It’s Quitting Climate-Banking Group December 23, 2024 By Saijel Kishan and Alastair Marsh Wells Fargo & Co. said it’s leaving the world’s biggest climate alliance for banks, in the latest sign that Wall...
House Committee Says It Finds Evidence of ‘Climate Cartel’ December 16, 2024 By Tim Quinson The House Judiciary Committee said it’s found “substantial evidence of collusion and anticompetitive behavior” by the financial industry to “impose...
Datamaran Announces Deal With Deloitte to Use ESG Software December 11, 2024 By Frances Schwartzkopff Datamaran, a provider of sustainability-related software, announced a collaboration with Deloitte in three European markets to provide companies with ways...
Goldman Sachs Quits Global Climate Coalition for Banks December 6, 2024 By Simon Jessop and Virginia Furness Goldman Sachs said it has quit a sector coalition aimed at aligning bank lending and investment activities with global efforts...
Trump Administration Seen as Likely to Dismantle ESG Rules November 8, 2024 By Tim Quinson President-elect Donald Trump will likely move to dismantle ESG-related regulations in the US when he takes office in January. That...
Companies Boost Social and Climate Reporting Amid ESG Backlash October 31, 2024 By Ross Kerber Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from...
ESG’s Appeal Fades in Emerging Markets as Profit Seeking Eclipses Virtue October 21, 2024 By Zijia Song Sustainable investments in emerging markets are facing a reckoning as environmental, social and governance strategies crumble under the weight of...
An ESG Backlash Erupts in Europe on World’s Strictest Rules September 10, 2024 By Lisa Pham, Frances Schwartzkopff and Saijel Kishan For TotalEnergies SE Chief Executive Officer Patrick Pouyanne, the difference in the performance of his company’s stock and that of...
Texas Officials Sued Over Anti-ESG Law Targeting Wall Street August 29, 2024 By Amanda Albright and Madlin Mekelburg The American Sustainable Business Council sued Texas officials in an effort to block a law that restricts state investments with...
Net Zero’s Carbon Removal Conundrum August 19, 2024 By Alastair Marsh To achieve net-zero emissions, where emissions and removals of greenhouse gas pollution balance each other out, governments and corporations must...