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ESG backlash
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.
The latest developments in sustainable finance: Railpen, NBIM make new investments in UK renewables; CNP Assurances announces biodiversity exclusions.
Judge finds 'substantial likelihood' that arguments on breach of fiduciary duty and vagueness of law may be successful.
Investor industry group criticised for promoting defence as sustainable investment in joint statement with UK government.
Fund urges other managers to stay the course, warns firms not to follow Exxon lawsuit example.
Much remains uncertain as the multiple cases against the SEC climate rule wind their way through the justice system.