Regulation
SEC Tightens Fund Naming Rules
The new rule applies an 80% investment policy that extends far wider than just ESG funds.
Tag: ESG
Mercer Launches Catalytic Investment Exchange to Support Energy Transition Projects
The project will bring together deal sponsors and direct investors to navigate investments.
Regulation
House Republicans Propose 4 New Anti-ESG Bills
The Education and Workforce Committee adds to prior Republican pushback against ESG investing in retirement plans.
Regulation
Law Firm Letter Backs DOL Rule on ERISA Fiduciaries Using Climate Factors
Fiduciaries may use climate funds, as long as financial returns receive equal or greater weight to collateral benefits, the Wagner Law Group wrote in an open letter.
Research
Shareholder Proposals Increase, Yet Few Gain a Majority
Environmental and social resolutions boosted the number of filings this spring, ISS says, while anti-E&S resolutions also shot up.
Research
ICPM Gives Top Research Award to Paper Exploring Active vs. Passive Investing
Research awards were also granted to papers covering climate risk and sustainable investing.
Regulation
House Republicans, Senate Democrats Agree on PBGC Administrative Funding
If the bills are reconciled, the PBGC would receive $513 million in funding, with adjustments made for additional terminated plans.
Asset Allocation
Where ESG-Minded Investors Should Put Their Money
Despite a harsh political climate for the concept, a CIO webinar of experts offers some smart insights.
Regulation
Republican ESG Working Group Calls Out Proxy Voting
An interim report published by Republicans on the House Financial Services Committee argues that ESG lowers returns and that the proxy voting industry is unacceptably opaque.
Regulation
Republican Spending Bill Would Cut SEC Budget, Block Market Structure Proposals
The legislation would also cut spending by the SEC and the IRS, targeting the agencies’ enforcement budgets.
Regulation
Barr Introduces Another Anti-ESG Bill in House
Mirroring language from Trump-era rules, the Ensuring Sound Guidance Act would require that only pecuniary factors be considered by fiduciaries in investment decisions.
Market Moves
Earnings Calls Include Fewer ESG Mentions, but Talk of AI Is Rising
While political controversy dogs green initiatives, artificial intelligence replaces them as the new popular topic.
Regulation
Republicans, Democrats Continue to Speak Past Each Other on ESG
Future ESG policy is likely to be influenced more by which party is in power than by its actual merits.
Risk
Due Diligence: Using ESG as a Risk Mitigator
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
Pensions
Green-Minded Church of England Opposes Shell Directors in Proxy Fight
The religious body’s pension plan accuses the oil giant of pulling back from its environmental pledges.