The SEC's flurry of activity has drawn concern not only from Capitol Hill Republicans but also the agency’s Republican commissioners, Elad Roisman and Hester Peirce.
GOP members of House Financial Services Committee question whether climate risk meets the materiality standard.
Investors in concentrated ESG strategies have experienced crashing lows from the highs of last year, while broadly diversified strategies have offered a smoother ride and still beat the S&P 500.
Europe’s new Sustainable Finance Disclosure Regulation requires the industry to label how green an investment product is so that end investors know what they’re buying. But the requirements have yet to be finalized, leaving plenty of room for questions.
The exchange-traded fund tracks an index of U.S. large-cap companies that have a commitment to LGBTQ diversity and inclusion.
Kathy Matsui, formerly of Goldman Sachs, starts female-run venture fund to support health care, fintech and other young firms.
IBM, First Solar, and DuPont among the companies pressured by shareholders this year to pledge diversity changes.
If the governor signs the bill, the state's six public pension funds would be prohibited from investing in financial products that boycott energy companies.
Engine No. 1 win over oil giant's management team suggests climate change and sustainable investing are now mainstream.
Global ESG Summit takes a deep dive into how advisers and clients can get on the same page when it comes to sustainable investing.
The bills amend the Investment Advisers Act and federal retirement law to promote sustainable investing. The document must describe the factors advisers use in making investment decisions and they must 'align with an ESG framework'
The agency likely will propose disclosure rules and has already outlined compliance shortfalls, according to experts at the InvestmentNews Global ESG Summit.
Engine No. 1 seeks diversification in oil giant's business and a better plan to fight climate change.
The four actively managed funds are based on strategies employed in the asset manager's mutual funds, including ESG offerings.
The executive order mandates an assessment of how to reduce climate risks to financial stability; the assessment would also detail plans financial regulators have for bolstering disclosures.
The legislation introduced Thursday would amend the Employee Retirement Income Security Act to specifically allow plans to consider ESG factors 'when they are expected to have an impact on investment outcomes, provided plans consider them in a prudent manner consistent with their fiduciary obligations.'
Thirteen years after the first green bond, some financial firms are now working on creating a market for green stocks that meet measurable climate metrics.
The record-breaking boom in clean energy funds is rapidly giving way to a bust; since the beginning of May, about $154 million has been pulled from clean energy ETFs.
The legislation advances to the House floor as the SEC is taking public comments on increasing ESG reporting requirements.
Ninety percent of plan participants who are aware of ESG choices said they invest in them.
