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.
SEC Cracks Down on Deutsche Bank’s DWS for False ESG Claims, Imposes $25 Million Fine
In a significant setback for the credibility of ESG investments, the SEC has taken legal action against DWS Investment Management Americas Inc., a subsidiary of Deutsche Bank, for alleged false claims in relation to Environmental, Social, and Governance (ESG) practices.
Stealing Fame: Diminishing Integrity and Trust
In an era where integrity and honesty often take a backseat to popularity and attention, a distressing phenomenon has surfaced, undermining the very foundation of fairness and genuine accomplishment.
ESG Fund Assets Set To Surge 30% Annually For A Decade in India
ESG investing, focusing on environmental, social, and governance factors, is expected to see significant growth in India.
ESG Board Committees: Pioneers of Corporate Transformation Towards Sustainability and Ethical Excellence
The inception of ESG Board Committees heralds a monumental shift in the corporate realm's journey toward sustainability and ethical business conduct.
