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.
MSCI and LSE among 11 Companies in the race to register as ESG rating providers
Eleven companies, including New York-based index provider MSCI and financial services giant London Stock Exchange Group (LSE), have submitted applications to the Securities and Exchange Board of India (SEBI) to become Environmental, Social, and Governance (ESG) rating providers in India.
China Implements New ESG Disclosure Rules to Attract Foreign Investment
In a bid to align with global sustainability standards and attract foreign investment, China introduces new Environmental, Social, and Governance (ESG) disclosure rules for its largest corporations.
ESG strategy ‘misleading’: Tennessee sues BlackRock
The state of Tennessee has filed a lawsuit against BlackRock, the world's largest asset manager, accusing it of violating consumer protection laws by making "misleading" statements about its environmental, social, and corporate governance (ESG) investment strategies.
UK Watchdog Cautions Investment Funds On Use of ‘ESG’ Labels
The UK's financial watchdog, the Financial Conduct Authority (FCA), has warned investment funds not to overuse the "ESG" (Environmental, Social, and Governance) branding.
54% of Indian CEOs Embrace ESG in Response to Global Uncertainty
In a recent report by KPMG, over half of Indian CEOs (54%) have recognised the importance of incorporating ESG (Environmental, Social, and Governance) into their business strategies due to rising global tensions.
The European Banking Authority Introduces ESG Requirements in Capital Framework
In a pioneering move, the European Banking Authority (EBA) is reshaping the capital requirements framework for European banks to include environmental and social risks in mandatory industry-wide buffers.