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The pushback against sustainable and ESG investing has presented a key challenge for asset managers and asset owners. Responsible Investor covers the impact of political pressure on the industry
LATEST ESG BACKLASH NEWS
‘Trump Accounts’ for children set to exclude ESG funds
Treasury secretary slams ‘political activism’ and ‘ideological agendas’ as government consults on eligibility guidance for child funds.
Investors concerned over SEC ‘abdication’ of no-action process
CalSTRS questions decision of US Securities and Exchange Commission to step back from process it's 'best placed to arbitrate'.
GPIF to assess managers against new stewardship expectations
Japanese pension fund giant to undertake 'stewardship assessments', paying 'close attention' to use of artificial intelligence.
Democrat financial officials launch bid to save US shareholder proposals
Thomas DiNapoli and For the Long Term join investor bodies in proposing reforms to Rule 14a-8 as SEC mulls own changes.
SEC climate rule rescission ‘betrays’ US investors, says Herren Lee-backed group
Ex-commissioner signs submission alongside former general counsel, law professors, opposing planned revocation of rules.
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