Why ESG Faces Backlash and Its Future Under Trump 2.0
It became more popular after the #MeToo, racial justice and climate movements took hold when President Donald Trump was in ...
Bloomberg L.P.9d
ESG’s Real Sin Isn’t Ideology, But That It’s Useless
John Authers is a senior editor for markets and Bloomberg Opinion columnist ... of Red State politicians and the US courts. ESG (Environmental, Social and Governance) investing was already ...
Bloomberg L.P.21d
Maybe ESG Is Illegal Now
Matt Levine is a Bloomberg Opinion columnist ... Environmental, social and governance (ESG) investing is quite controversial now, with a lot of conservative critics. And so Judge O’Connor ...
Corporate ‘Irritation’ Over ESG Fueled by Significant Costs
As ESG rapidly morphs into one of the least-loved labels in global finance, those monitoring the development say it’s not all ...
ESG Funds Hit by Worst-Ever Redemptions as Backlash Deepens (2)
ESG fund managers are facing one of the toughest moments in the strategy’s history, as investment clients pull record amounts ...
USA Today6d
Why Gen Z Should Care About ESG Investing
The growing interest in ESG reflects a shift in priorities. According to Bloomberg, ESG assets could surpass $50 trillion ...
Bloomberg L.P.18d
BlackRock Settles With Tennessee Over ESG Strategy
BlackRock Settles With Tennessee Over ESG Strategy In deal, BlackRock will boost transparency of voting practices Money manager says it always acts in best interest of clients ...
Bloomberg L.P.14d
EU Set to Cut ESG Red Tape as France Adds to Mounting Pressure
The European Union is facing mounting pressure to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the ...
Bloomberg L.P.26d
EU Bank Regulator Tightens ESG Rules as Climate Risk Grows
Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new guidelines designed to shore up the industry amid growing threats to ...
Bloomberg L.P.27d
Amundi, EDF Join Firms Asking EU Not to Water Down ESG Rules
have signed a letter to European policymakers urging them to ensure the bloc sticks with its current timetable for implementing ESG reporting rules. The companies are responding to a growing wave ...
Bloomberg L.P.11d
France Calls for ‘Massive’ Regulatory Pause as Economy Flags
France is calling for a major reworking of European regulations, starting with ESG rules, as the bloc struggles ... said in a 22-page document seen by Bloomberg. In addition, recent legislation ...
Bloomberg L.P.1mon
Omeed Malik’s SPAC Said to Near Deal With Gun Retailer GrabAGun
a deal likely eschewed by many other Wall Street investors over ESG principles. The transaction values GrabAGun at about $150 million and may be announced as soon as Monday, assuming talks don’t ...