
City AM: The global Net Zero Banking Alliance (NZBA) has announced it will cease operations following an exodus of its membership after President Donald Trump returned to power. In a statement, the group said following a vote it will transfer from a member-based alliance to establish its guidance as a framework.
ESG Dive: The terms “climate change,” “ESG” and “sustainability” have become highly politicized terms in recent years, landing in the fine print of contentious lawsuits, state-led probes and federal deregulation.
Yahoo Finance: The renewable energy industry has steadily improved its core human rights policies and practices, despite facing political and financial challenges, according to the Business & Human Rights Resource Centre’s latest Renewable Energy and Human Rights Benchmark report.
ESG Today: A majority of companies subject to CSRD or ISSB disclosure requirements say that pressure from a variety of stakeholders including investors and customers to provide sustainability reporting and data has continued to increase over the past year, according to a new report by global professional services firm PwC.
BBC: Donald Trump has criticised other countries' migration and climate policies, during a scathing speech to the United Nations that also took aim at the body itself.
ESG Dive: In 2020, Wells Fargo launched a “diverse slate” policy, requiring at least half of job candidates interviewed for open positions paying $100,000 or more per year be women, nonwhite or otherwise disadvantaged.
Funds Europe: Family offices are reinforcing their commitment to sustainable finance, even as global markets face political and economic turbulence, according to a survey by the Sustainable Finance Initiative (SFi).
Institutional Investor: Private capital is flooding into defense technology companies at unprecedented levels. Venture funds are "pouring money into defense startups," Bloomberg reports, with defense-related U.S. startups raising more funding since early 2023 than in the previous nine years combined.
CFO Dive: Work-related accidents and diseases annually take the lives of 3 million people worldwide, a 5% increase compared with 2015, the International Labor Organization said in a 2023 report.
ESG Dive: Deutsche Bank reaffirmed its commitment to reaching net-zero and decarbonizing the economy in its latest transition plan, as global banking peers have sought to recalibrate their public messaging around sustainability in the wake of increased political scrutiny.
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