The Hill: A federal judge sided with the Biden administration on an administration rule that would allow retirement advisers to include climate and environmental factors in their calculations.
BNN Bloomberg: BlackRock Inc. and other money managers spent years rolling out sustainable funds, seeking to capitalize on surging interest in ESG investing.
Yahoo Finance: Wall Street's top regulator adopted a new rule cracking down on so-called "greenwashing" and other deceptive or misleading marketing practices by U.S. investment funds.
ESG Clarity: Aviva Investors has completed its ESG senior management team with the appointment of Louise Piffaut as head of ESG, liquid markets.
GreenBiz: Last year’s COP27 hosted more oil and gas lobbyists — serving industries that still have huge financial incentives to stick with their core polluting products — than representatives from any national delegation, except the United Arab Emirates, which is now COP28’s host.
BNN Bloomberg: Europe’s markets watchdog says it isn’t backing down from a controversial plan to restrict the use of “ESG” and “sustainability” in fund names, despite a barrage of criticism from asset managers.
Forbes: In today's fast-evolving business landscape, embracing the principles of environmental, social and governance (ESG) isn't just a fleeting trend.
BNN Bloomberg: Former US President Bill Clinton is teaming with Israeli billionaire Ziv Aviram to launch a climate fund with about $1 billion of start-up capital.
U.S. Securities and Exchange Commission: The Securities and Exchange Commission announced that it has posted to sec.gov the agency’s Diversity, Equity, Inclusion, and Accessibility (DEIA) Strategic Plan for fiscal years 2023-2026 that builds on and advances the SEC’s DEIA commitment and previous successes.
GreenBiz: We’ve all heard of greenwashing — the practice of making a company look more environmentally friendly than it actually is, through clever marketing campaigns.