DoL, Department of Labor

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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DoL, Department of Labor

Republicans challenge DOL’s ESG rule 

February 8, 2023


In the latest anti-ESG action taken in the US, Republicans in the Senate and House have filed joint bills to nullify the Department of Labor’s (DOL’s) new ESG rule for retirement plans.  …

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FCA

FCA sets “higher bar” for greenwashing 

January 31, 2023


The UK regulator’s proposals to suppress greenwashing set a “higher bar” than the EU’s rules, according to the UK Sustainable Investment and Finance Association (UKSIF). 

Representing firms overseeing £19trn of assets, …

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Letter

Companies call on G20 to act on climate change


October 8, 2021

Over 600 of the world’s largest companies are calling on G20 leaders to strengthen their national climate targets and deliver climate financing at the G20 and COP26 summits. …

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ESMA pulls back from ESG legislation for rating agency methodology

EFRAG reveals direction of EU reporting standards

Draft sustainability reporting standards are expected in 2022


September 17, 2021

The European Financial Reporting Advisory Group (EFRAG) has outlined its proposals for EU-wide sustainability reporting standards.

The newly published Climate Standard Prototype …

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ESG, Sustainability

ESG reporting can overcome businesses’ sustainability shortcomings


June 4, 2021

There is no doubt that the proliferation of ESG investing has coincided with the raised profile of social and environmental sustainability, exacerbated or highlighted by the COVID-19 pandemic.

The sustainability …

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Trump’s anti-ESG influence is quickly starting to unwind

Trump’s anti-ESG influence is quickly starting to unwind

ESG debate moves swiftly forward in the SEC under Biden’s administration

A wave of ESG-related changes in the US administration under Joe Biden’s leadership is unfolding this month, marking the beginning of

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Investors urge DoL to pull ESG proposals

Investors urge DoL to pull ESG proposals

Institutional investors from around the world have urged the US Department of Labor to pull back on its proposed Financial Factors in Selecting Plan Investments Regulation and give them more time to feedback.

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The US Impact Investing Alliance urges DOL to rethink ESG law

US investor group urges DOL to rethink ESG law

The US Impact Investing Alliance has urged the Department of Labor to reconsider the introduction of a controversial law governing ESG in investment portfolios, asking them to suspend the rulemaking process until normality returns. 

The group has written …

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