ESG
Former PRI CEO Fiona Reynolds predicts big money managers won't be able to serve clients on both sides of the ESG divide over the long term.
Money managers are navigating a tricky regulatory environment in Europe as they help asset owners access ESG funds under SFDR rules.
An ESG backlash in Republican states is testing asset managers' political smarts, prompting them to rethink their sustainable messaging.
United Nations sustainable development goals "are slipping from our grasp" in an increasingly flawed global financial system, a top U.N. official warned.
Tuning out the anti-ESG rhetoric, institutional investors globally are charging ahead with opportunities to finance a sustainable future.
Institutional investors like CalPERS and CDPQ are pushing companies for specific plans for addressing climate risk and planning to hold directors accountable.
AP Pension sold $46 million in equity and corporate bond holdings in oil and gas companies in the first quarter of the year.
The Greater London Authority committee called on the TfL Pension Fund to divest from all fossil fuel exposures.
The DOL's new rule permitting retirement plan fiduciaries to consider ESG factors is legally sound, J. Mark Iwry said in a court filing.
The Sierra Club has asked the SEC for a standardized rule on emissions disclosures like those outlined in the agency's climate disclosure proposal.
