Republicans, backed by the fossil fuel lobby, are taking legal action against the US Department of Labor (DoL) after it set a rule allowing fiduciaries to consider climate and sustainability risks in investment decisions for pension plans. This can potentially damage investment returns for savers and pension investors across the country, and even jeopardise the country's decarbonisation plans.
The Principles for Responsible Investment (PRI) has published the 2023 Reporting Framework, providing signatories with more than three months to prepare their responses before the reporting cycle opens in mid-May.
Business leaders do not believe their peers’ ESG reporting, according to a new survey, showing widespread scepticism driven by a lack of trust and verifiable data.
When businesses invest in the emotional well-being of their employees, everyone benefits, not just those struggling – including the companies themselves. Jarell Bempong, Psychotherapist, Counsellor, Life Coach, Public speaker, Author and Trainer, explores how and why mental health issues can and should be addressed in the workplace.
Professional services provider KPMG has revealed that companies’ environmental, social and governance (ESG) credentials have become a key factor in their ability to attract fresh talent.
A new ESG analyser tool from US-based fintech company Broadridge Financial Solutions (NYQ:BR) enables users to compare company ESG data and strategies across sectors, make comparisons with peers and benchmark performance. It could be used to shape company strategy and spending.
Proxy voting firms ISS and Glass Lewis are the focus of the latest anti-ESG assault by attorney generals from 21 Republican states. Demanding the two firms restrict their voting stance on climate action, as well as diversity and inclusion issues, could hurt the long-term risk-adjusted returns of savers and pension funds.
Prudential (LON:PRU) has appointed Diana Guzmán as its new director of group Environmental, Social and Governance (ESG).
Permutable Technologies uses artificial intelligence (AI) to analyse corporate sustainability data and identify any incidences of greenwashing.