Anti-ESG Archives

Minerva data shows major Canadian banks set to vote on remuneration shareholder resolutions

Several major shareholder resolutions are set to be held in the coming weeks, including numerous Canadian banks voting on remuneration requests.

Oklahoma advances amendments to controversial anti-ESG law

The Oklahoma legislature has advanced two bills to amend its anti-ESG law, which introduces regulations for state pension systems considering ESG factors in investment decisions.

Exxon sues shareholders over ESG proposal

Shareholder voting rights could be under threat in the US as oil company ExxonMobil filed to sue investors over an ESG vote at its AGM.

SIFMA challenges new Missouri Securities Division rules

The Securities Industry and Financial Markets Association (SIFMA) has filed a complaint over two Missouri Securities Division rules on providing financial advice based on ESG factors.

Sustainability standards consolidation draws closer

Republican-led FSC proposes ESG crackdown legislation

The Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.

Republican-led FSC attempts to crack down on ESG

The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.

North Carolina anti-ESG bill becomes law

A North Carolina anti-ESG bill has become law after a Democratic veto was overturned.

The new law prohibits state agencies and state pension plan fiduciaries from considering ESG measures when making investment decisions.

Florida passes anti-ESG bill

Florida passes anti-ESG bill April 5, 2023 Florida has become the latest Republican state to prohibit the inclusion of ESG considerations in investment decisions, following similar legislation that passed in Kansas. Governor Ron DeSantis signed an anti-ESG bill to require the Florida State Board of Administration to make investment decisions based “solely on pecuniary factors.” […]

group of idols, representing investors, surrounded by cupped hands

New US coalition demands right to invest responsibly

A coalition of more than 300 investors and companies has urged US policymakers to protect their freedom to invest responsibly.

HSBC added to Texas’ banned list over fossil fuel policy

Texas has moved to ban state entities from doing business with HSBC after the financial services giant introduced a new policy to transition away from financing fossil fuels. The US state has added HSBC to a list of banned companies and investment funds, meaning state bodies such as pension funds cannot invest with or otherwise […]