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...
Europe Stands Firm Against US-Driven ESG Backlash April 12, 2024 Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand...
Companies Walk ESG Tightrope, Under Fire From All Sides Over Disclosures February 29, 2024 By Richa Naidu and Simon Jessop Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and...
EU Lawmakers ‘Outraged’ After States Block Landmark ESG Law February 29, 2024 By John Ainger and Frances Schwartzkopff A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states,...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
SEC Drops Some Emissions Disclosure Requirements From Draft Climate Rules February 23, 2024 By Chris Prentice, Isla Binnie, Jarrett Renshaw and Douglas Gillison The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from...
American Airlines Must Face Lawsuit Over ESG Retirement Investing February 23, 2024 By Jody Godoy American Airlines must face a lawsuit claiming it failed to prudently oversee employee retirement funds because it used asset managers...
JPMorgan, State Street Quit Climate Group, BlackRock Steps Back February 16, 2024 By Simon Jessop and Ross Kerber JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global investor coalition pushing companies to rein in...