ESG backlash

The latest developments in sustainable finance: MSCI reports ESG fund exposure to weapons; TNFD makes call for case studies.

Research project was commissioned as a response to existing DEI efforts deemed 'counter-productive'.

The latest developments in sustainable finance: State Street Global Advisors launches European defence ETF; Investors call on EU to set more ambitious 2040 emissions targets.

The latest developments in sustainable finance: US top ranked for green bonds in 2024, IFRS foundation publishes GHG educational materials.

It comes as US regulators back lawsuit, vow to stand up to financial firms harming competition 'under the guise of ESG'.

Limited pushback after Business Roundtable calls for ban on environmental, social and ‘political’ proposals.

The latest developments in sustainable finance: SEC quits two IFRS sustainability groups; Church of England Pensions Board backs living wage proposal at Next.

The latest developments in sustainable finance: ICI urges new SEC chair to repeal fund-naming rules; Zurich calls for government action on climate resilience.

Stakeholders push back against criticisms by group whose members include leading US asset managers and owners.

Department of Labor tell court they are taking second look at ESG rule, but lawyers say rescission 'mostly symbolic'.