The House of Representative’s bill aims to make it harder for fiduciaries to consider environmental, social and governance factors when making investment decisions.
Just under 80% of American insurers plan to increase their ESG investment over the next three years, according to a new survey from global conglomerate KPMG. There are a number of challenges, though, ...
Real product development momentum had already been building in the environmental, social and governance (ESG) investing arena before the Department of Labor last year told investors it has no real ...
ESG backlash notwithstanding, a recent global survey conducted by KPMG of 550 company directors and members of management showed that the vast majority of global organizations plan to increase ...
Months before Republicans held weeks of hearings against environmental, social and governance investing, Democrats were preparing their response. When Republicans began trumpeting plans to crack down ...
American Airlines was sued late last week over its 401(k), in what appears to be the first litigation focused on the use of ESG factors by investments in a defined-contribution plan. The suit, which ...
Environmental, social and governance factors are becoming increasingly important considerations for companies of all sizes. That's because investors, consumers and stakeholders are seeking ...
Last week, Judge Reed O’Connor of the U.S. District Court for the Northern District of Texas, issued the first-of-its-kind ruling on the merits pertaining to environmental, social, and corporate ...
Internationally, the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) is applied in its definitive regime from ...
A Republican-sponsored bill that would bar the Federal Thrift Savings Plan from offering some ESG-themed funds to its participants resurfaced last week in Congress. That legislation, which was first ...
The House today passed a bill designed to require that fiduciaries must base investment decisions solely on economic factors while explicitly limiting the consideration of factors such as ...
Common threads for slower adoption can be attributed to current macroeconomic challenges, lack of clarity regarding ESG regulations, and significant costs and time associated with implementation and ...