ESG backlash

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

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Reform-backed local government scheme quits long-standing RI body

Nottinghamshire Pension Fund deviates from pool LGPS Central over membership to LAPFF, as government publishes guidance on โ€˜divergingโ€™ views.
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ESG round-up: European steel giants take aim at EU ETS

ECB reports fall in emissions from monetary policy portfolios - Barclays partners with LSE nature initiative - UNICEF publishes 'child-lens investing' guidance.

US Republican lawmakers call for end to โ€˜political interferenceโ€™ in markets

Members of Congress slam state anti-boycott laws as โ€˜bad businessโ€™ in letter to house leadership raising concerns over investment freedom.
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โ€˜Some validityโ€™ to claim investors were nervous on Exxon votes, say NYCโ€™s Garland

New York Cityโ€™s assistant comptroller 'expected higher opposition' to oil major's move to reincorporate in Texas.
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Texas AG files lawsuit against ISS in ongoing proxy battle

Proxy giant rejects accusation of pushing 'radical political agendas', will โ€˜vigorouslyโ€™ defend itself.

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