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ESG backlash

Fund urges other managers to stay the course, warns firms not to follow Exxon lawsuit example.
Judge gavel, scales of justice and law books in court
Much remains uncertain as the multiple cases against the SEC climate rule wind their way through the justice system.
Emails obtained by RI show manager tried to convince the state that it has worked on being 'more precise on communication' on sustainability.
Magnifying glass on charts graphs paper. Financial development, Banking Account, Statistics, Investment Analytic research data economy.
Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.
Investigations by right-wing attorneys general tipped to continue after big asset managers quit climate collaborative engagement initiative.
EU asset owners welcome membership for firm’s international arm; New York City slams move while Republican treasurers claim victory.
Michael Frerichs says the state is not afraid to pull money from managers and discusses BlackRock's ESG commitments.
Firm notes increasing scrutiny from stakeholders as a separate risk factor in Q4 results amid growing polarisation.
Illustrations of US dollars
Triodos and Ecology Building Society will remain members of GFANZ alliance despite threats of COP departure.
The world is running out of time to avert the worst effects of climate change. Can COP28 find answers?
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