ESG backlash

The latest developments in sustainable finance: SEC blocks refiled freedom of association resolution at Amazon; NZBA vote on strategy expected next week.

As ESG contends with an unprecedented backlash, the future of ESG disclosure is hanging in the balance.

The latest developments in sustainable finance: ESMA registers two more SPO providers; Schroders partners on study on impact investing in listed equities.

Current rethink predates US political developments, say steering group members.

Proxy giant adopts two-tier approach for director nominations at US companies related to diversity.

Proposed amendment would bar financial institutions from making business decisions based on mandatory climate disclosures.

The latest developments in sustainable finance: CalPERS CEO raises SEC concerns; Citi drops DE&I goals.

Taxonomy development and technical assistance not affected, CEO says.

Filers say regulator has 'moved goalposts' for 2025 proxy season by rescinding Biden-era guidance and reviving rules put out under first Trump administration. 

Internal efforts on scenario analysis and climate activities not expected to be impacted, but some worry about wider impact on central banks and climate.