Biden vetoes bill to overturn DOL ESG rule
March 23, 2023
US President Joe Biden has vetoed a bill that would prevent pension fund managers from considering climate change and ESG factors in their investment decisions.
On March 20, Biden …
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Kansas anti-ESG bill could reduce pension returns by $3.6bn
March 15, 2023
Kansas’ proposed legislation to prevent ESG considerations by public contractors could lower state pension system returns by $3.6bn over the next decade.
The Protection of Pensions and Businesses …
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UK social taskforce members revealed
9 March 2023
Membership of the UK’s new social taskforce has been revealed, with Minerva Analytics part of this founding group.
Fifteen senior industry figures from across the pensions and engagement spaces have been named …
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Do more on diversity, SEC urged by ex-chairs
7 March 2023
The Securities and Exchange Commission (SEC) could be doing more in its work to improve diversity within the US financial services industry, several of its former chairwomen have agreed.…
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Activist group Follow This files resolutions against oil majors
March 2, 2023
International climate campaign group Follow This has filed shareholder resolutions against four of the world’s largest oil and gas companies urging them to take swifter action to cut …
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House passes resolution to repeal DOL ESG rule
March 2, 2023
House lawmakers have approved a resolution to overturn the Department of Labor’s (DOL’s) new ESG rule for retirement plans, after 25 Republican states filed a suit to invalidate the …
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FCA reforms omit cost to investors
The Financial Conduct Authority (FCA) has been urged to research the potential cost implications for investors of its proposed sustainability regulation reforms.
The Treasury Committee’s Financial Service Regulation Sub-Committee’s examination of the FCA’s fund …
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UK SMEs left behind in green reforms
February 24, 2023
Nine out of 10 UK SMEs fail to understand how the government’s 2050 net zero targets will affect their business, according to the British Chambers of Commerce (BCC).
The survey …
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