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ESG Today: Sustainability and climate issues are moving back into focus for senior executives globally, with more than half of CEOs reporting that sustainability is a higher priority now than it was a year ago, and decarbonization found to be the top long-term strategic priority for CEOs, according to a new survey released by global professional services firm EY.
Yahoo Finance: Barclays is being added to the list of financial institutions restricted from contracts with the state of Oklahoma, the state’s treasurer, Todd Russ announced.
BNN Bloomberg: Oklahoma State Treasurer Todd Russ announced that Barclays Plc would be added to his list of companies that he claims have boycotted the fossil fuel industry — a gesture that aims to limit the governmental business the bank can conduct in the state.
MSN: The State of West Virginia banned four major banks – Citigroup, TD Bank, HSBC and Northern Trust – from state contracts worth tens of billions due to their environmental policies.
Yahoo Finance: The Texas Attorney General’s staff met with municipal finance executives from Wells Fargo & Co. and RBC Capital Markets as Ken Paxton’s probe into whether the Wall Street banks “boycott” the fossil fuels industry drags on.
BNN Bloomberg: A long-held truism of ESG is being challenged, namely the idea that the strategy is best-suited to active fund management.
BNN Bloomberg: What was once the world’s biggest climate alliance for insurers is now being discontinued, after a wave of attacks by the Republican-led anti-ESG movement.
US News: European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said, with a record $8.8 billion in net withdrawals from the products in the U.S.
Business Wire: Udemy, a leading online skills marketplace and learning platform, today released its Q1 2024 Global Workplace Learning Index, a quarterly report highlighting in-demand skills that help companies remain competitive in a fast-changing global economy.
Forbes: Sustainability continues to gain momentum as the United States moves to standardize related reporting efforts. Most notably, the Securities and Exchange Commission recently announced its official guidance, requiring publicly traded organizations to report climate-related disclosures.
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