CalSTRS, the world’s largest educator-only pension fund, says it expects greenhouse gas (GHG) emissions reporting to become mandatory in the near future, as it revealed a record number of v...
ESG Archive
The influence of ESG on investing is undeniable, with the acronym itself dominating headlines on a daily basis. Today, an impressive ...
On June 26, 2023, in a tremendous undertaking in the world of standard-setting, the International Sustainability Standards Board (ISSB) issued in final form its ...
Governance and investor relations professionals gathered at the ESG Integration Forum – Summer in New York last week. Discussions among panelists and the audience covered a range of topics but an overriding theme was the political, and in some areas financial, pushback against ESG as a concept, even as the ways in which companies and investors handle ESG-related issues...
Sustainability, climate and equity initiatives are not buzzwords or marketing trends. In today’s business environment, more and more companies view ESG prioritization, integration and disclosure as a strategic imperatives – and with good reason. Customers, employees and investors are making key decisions based on the envi...
– The Financial Times (paywall) reported that BNY Mellon’s investment management arm is turning to funds that donate part of their revenue to diversity charities, even as US financial services firms are facing criticisms from ‘anti-woke’ politicians. The custody bank’s Dreyfus Government Cash Management F...
‘At a cocktail party this week in Davos, one executive [said] something he – and most of the attendees at the World Economic Forum – would most likely never say in public: ‘I hope ESG just goes away.’’ – The New York Times
This has been a year of reckoning for ESG investors. After an unprecedented surge in assets during the pandemic era, ...
Many companies have found themselves between a rock and a hard place this year with respect to ESG amid competing forces of restrictive legislation, antitrust inquiries and class-action lawsuits. As we approach the year’s midway point, here are five trends in ESG that have dominated the space so far in 2023.
Proxy season: More shareholder proposals but support falls
As the 2023 proxy season approaches its conclusion, a...
With very few shareholder vote surprises this proxy season, we looked at the longer term proxy trends to assess what kinds of topics are generating increased attention by US corporate boards. Unlike conference call transcripts - where we have seen a general decline in ESG topics - proxy statements mentioning a wide range ...
Shareholders in ExxonMobil are set to vote on a range of climate change-related proposals at the energy company’s AGM next week.
The resolutions include one filed by Dutch activist group Follow This asking ExxonMobil to set a medium-term reduction target covering the greenhouse gas (GHG) emissions of the use of its energy products – Scope 3 emissions – in line with the aim of the Paris Climate Agreement to limit global warming to 1.5°C above pre-industrial le...
