Tag: Environmental Social and Corporate Governance

Newsmakers August 9, 2022

19 GOP Attorneys General Slam BlackRock Over ESG Investments

‘Fiduciary duty is not lip service,’ says August 4 letter, which is addressed to CEO Larry Fink and seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’

May 19, 2021

Diversity Demands from NYC Pension Overseer OK’d at DuPont, Union Pacific

Similar proposals will land at other companies, including American Express and Procter & Gamble. 

Asset Allocation March 30, 2021

Diversity Efforts at Private Equity Firms Have a Long Way to Go 

More institutional investors are calling for equity and inclusion, but challenges remain in disclosures and transparency. 

Manager Selection March 15, 2021

Nest Commits $350 Million to Octopus Renewables for Green Infrastructure

‘We want to invest in the energy of the future, not the past,’ says CIO Mark Fawcett.

Asset Management Culture March 8, 2021

Climate Action Pursuit: Sustainability Investing, the Obstacles, and the Opportunities

Panelists discussed the importance of ESG approaches and increasing diversity on company boards and in the broader investment industry.

Alternatives January 27, 2021

Op-Ed: Key Takeaways from Davos on China and ESG in a Post-COVID-19 Era

What should we expect from China’s ESG development in 2021?

January 7, 2021

Consulting Firms Ask Asset Managers to Disclose Diversity Data

Verus and others have formed a diversity coalition as institutional pressure grows for greater racial equity. 

Regulation November 2, 2020

DOL, Dubious About ESG Pension Investing, Cuts It a Bit of Slack in Final Rule

The regulation still requires that plans only use financial considerations in investments, but says companies’ pollution and bad governance may be factors, too.

Asset Management Culture September 28, 2020

Connecticut Treasurer and Ford Foundation Launch Diversity Coalition

A partnership of 14 firms representing about $460 billion in market cap is addressing racial economic disparities in their organizations.

August 21, 2020

The Tricky Challenge of Measuring Governance

The often-overlooked part of ESG, how companies are managed, demands diligence and good sense, not easy to bring off.

Risk July 24, 2020

Racial Injustice Will Have Greater Weight in ESG Scores, S&P Global Says

About 217 businesses in the S&P 500 have publicly supported the Black Lives Matter movement to show solidarity and protect their reputations. Question: How sincere are they?

Market Moves July 13, 2020

ESG-Friendly Stocks Have Done Better in Virus Downturn, BofA Says

‘A bear market necessity’: Higher employee satisfaction is critical factor, the study concludes.

Regulation June 25, 2020

DOL Proposal Will Chill ESG Corporate Pension Investing, Advocates Say

The proposed federal rule takes a dim view of sustainable investing that’s not focused solely on returns.

Alternatives June 4, 2020

Racism Is an ESG Problem, Says Calvert CEO

The leader of the responsible investing group said investors must demand actionable outcomes from businesses.