Anti-ESG movement runs into roadblocks as criticisms issued by Republicans and funds warn that divestment bills conflict with fiduciary duty.
BNY Mellon, State Street and Fidelity sought to have funds removed as Texas Teachers completed divestment of blacklisted firms.
As the investment industry gathers in Barcelona for PRI in Person, the organisation's head sits down with Responsible Investor to discuss challenges and opportunities for the network.
German and Belgian pension associations dispute low grade as InfluenceMap calls for greater engagement on sustainable finance policy
US manager reportedly convening a working group to prepare investor response to Republican pushback.
Concerns around data abound, particularly in private markets, but regulator says it will not be ‘taking a very tough regulatory approach’.
Japan’s trade ministry closes feedback on human rights due diligence guide.
Fidelity, Federated Hermes, Invesco, JPMorgan and Wells Fargo remain on the SFOF list as documents reveal details of sponsorship packages.
The news comes as the Alliance for Green Commercial Banks lines up global banking giants including HSBC and Citi as ‘cornerstone members’.
World’s largest banks and managers deny they meet Texas’s legal threshold for boycotting fossil fuels