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...
Goldman Sachs’ Fund Division to Leave Climate Investor Group August 13, 2024 By Iain Withers and Simon Jessop Goldman Sachs’ fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have...
Wall Street Pushes Back After Activists Escalate Protests July 15, 2024 By Alastair Marsh Against a backdrop of intensifying climate protests targeting Wall Street, the heavyweights of US finance are pushing back against what...
ESG Investing Rule Presents Early Test on Limits of US Agency Powers July 8, 2024 By Daniel Wiessner A challenge to a Biden administration rule allowing socially conscious investing by employee retirement plans will present an early test...
US House Committee Report Finds Wall Street ‘Colluded’ to Curb Emissions June 11, 2024 By Isla Binnie A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead...
US Regulator to Issue Carbon-Credits Rulebook Within Months May 22, 2024 By Natasha White The US Commodity Futures Trading Commission expects to finalize its guidance for carbon credits within the next six months, as...
Oklahoma Judge Blocks State’s Anti-ESG Law May 9, 2024 By Clark Mindock and Ross Kerber A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment...
Republicans Weigh Rolling Back Anti-ESG Law They Passed April 23, 2024 By Amanda Albright Lawmakers in Oklahoma are having second thoughts about anti-ESG legislation that limits which Wall Street banks local governments can do...