SEC Disbands Climate and ESG Enforcement Task Force Amid Industry Pushback and Legal Challenges
he Securities and Exchange Commission (SEC) has reportedly disbanded its Climate and ESG Enforcement Task Force, which was a key part of SEC Chair Gary Gensler’s initiative to improve investor access to environmental, social, and governance (ESG) data from public companies and registered investmen
India’s ESG Approach Should Differ From The West, Says CEA Nageswaran At IICA Conference
On Wednesday, Chief Economic Advisor (CEA) V. Anantha Nageswaran underscored the importance of advancing Environment, Social, and Governance (ESG) practices in India.
BlackRock’s ESG Shareholder Support Reaches New Low
BlackRock, the world's largest asset manager, has reduced its backing for shareholder proposals related to environmental and social issues to a record low of 4.1% during the recent annual general meeting season, the company announced on Wednesday.
The Federal Court Strikes Down Missouri’s ‘Woke Politics’ Investment Rule
A federal judge has overturned Missouri investment regulations that Republican Secretary of State Jay Ashcroft had promoted as a means to expose financial institutions that prioritise ESG or other such social objectives over investment returns.
ESG rating agencies are to be regulated by the UK
The UK government is set to introduce legislation to regulate ESG rating agencies, as announced by Chancellor of the Exchequer Rachel Reeves during a visit to Toronto.
A Republican Leader Demands Answers From Investors On ESG Goals
Jim Jordan, the Republican Chair of the U.S. House Judiciary Committee, has sent letters to over 130 investors, demanding clarity on their environmental, social, and governance (ESG) goals.
Appeals Court Tells Texas Judge to Revisit ESG Rule
On Thursday, a U.S. appeals court ordered a Texas judge to reconsider his decision upholding a Biden administration rule that permits socially conscious investing by employee retirement plans, in light of a recent significant Supreme Court ruling.
SEBI proposes to make ESG disclosures easier for listed companies
The Securities and Exchange Board of India (SEBI), the market regulator, has recommended steps to facilitate Environmental, Social, and Governance (ESG) disclosures by listed firms and their value chain partners.
US ESG fund managers see the worst quarterly withdrawals
US fund managers experienced their most challenging quarter on record for ESG-oriented products as client redemptions accelerated.
Amid the green push, professionals rush to arm themselves with ESG skills
With India striving for net-zero emissions by 2070, companies are adopting more stringent environmental, social, and governance (ESG) standards.
