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ESG Newsletter

    Wells Fargo, RBC Bankers Met Texas AG Staff Regarding ESG Probe

    2024-05-01

    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.

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    Actively Managed Funds Hemorrhage Client Cash in ESG Upheaval

    2024-04-30

    BNN Bloomberg: A long-held truism of ESG is being challenged, namely the idea that the strategy is best-suited to active fund management.

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    Insurers Group Targeted by Anti-ESG Campaign Is Being Replaced

    2024-04-25

    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. 

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    Record $8.8 Billion Pulled From US Sustainable Funds in Q1

    2024-04-25

    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.

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    Demand Grows for Sustainability Skills as ESG Sentiment Shifts and Regulatory Pressures Rise

    2024-04-24

    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.

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    Finance And Real Estate Departments Play Critical Role In ESG Reporting

    2024-04-19

    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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    South Carolina Proposes Anti-ESG Bill Aimed at Backing Farmers

    2024-04-17

    Yahoo News: Republican lawmakers in South Carolina are now targeting the financial-service industry’s agriculture lending practices, marking the latest pressure point in the party’s campaign against ESG.

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    Robeco Renames Multi-Asset Funds To Emphasise Sustainability Focus

    2024-04-16

    ESG Clarity: The Multi-Asset Income fund is now the Sustainable Income Allocation fund; the Multi-Asset Sustainable fund is now the Sustainable Diversified Allocation fund; and the Multi-Asset Growth fund is now the Sustainable Dynamic Allocation fund.

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    KPMG: Majority of U.S. CEOs Expect Significant Returns from Sustainability Investments Within 3-5 Years

    2024-04-16

    ESG Today: The majority of U.S. CEOs expect to see significant returns from their company’s sustainability investments within three to five years, and the corporate leaders continue to rank ESG as their top operational priority.

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    Texas Muni Borrowers Bemoan Anti-ESG Laws Restricting Banks

    2024-04-16

    BNN Bloomberg: Texas borrowers gathered at an industry conference bemoaned two Republican-backed laws in the state that issuers say have restricted which Wall Street banks they can do business with. 

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