ESG backlash

The mood music was mixed at sustainable finance's biggest annual event, with messages of hope balanced by gloomier musings on responsible investing and its impact.

Developing in-house capacity does not mean managers should no longer engage collaboratively, says asset owner's head of stewardship.

Progression pathways uptake and market fragmentation also among potential risks flagged by initiative.

Latest tranche of responses obtained by RI shows varied reaction to House Judiciary Committee letter on collaborative engagement group.

Claims of First Amendment violations are common across state boycott laws, says litigation lawyer, as SFOF faces 'pay to play' complaint.

New York City comptroller sets out how he will step up scrutiny of managers.

Public sector pension funds hold the line on collaborative engagement initiative after House Judicial Committee letter.

Lawyers for public pension fund beneficiary seek court approval for further claims against blocked boycott legislation amid appeal threat.

Members of the US House Judiciary Committee have named more than 130 organisations as part of an investigation into the climate engagement initiative.

Recent Supreme Court decisions will be a headwind but not a huge blow to SEC's climate rule and ESG enforcement, say lawyers.