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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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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IFRS standards effective from January 2024
February 21, 2023
The International Financial Reporting Standards Foundation’s (IFRS’) new global sustainability and climate disclosure standards will come into effect in January 2024.
On February 16, the International Sustainability Standards Board (ISSB) …
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SEC open to easing controversial climate disclosure proposal
February 15, 2023
Enhanced climate disclosure rules in the US could be subject to change after SEC chairman Gary Gensler admitted “adjustments” could be made.
The ‘Enhancement and Standardization of Climate-Related …
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FRC plans common framework for 2023
February 2, 2023
The UK’s Financial Reporting Council (FRC) has committed to developing a common framework for ESG reporting in the country over the coming year.
The ‘FRC ESG Statement of Intent: What’s …
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UK House of Lords debates transparency improvements for FS bill
January 31, 2023
The UK’s House of Lords has debated proposed amendments to the Financial Services and Markets Bill to improve voting transparency.
On January 30, the Lords considered revisions …
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European trade groups propose amendments to CS3D
January 24, 2023
Several major European trade bodies have joined forces to urge the European Parliament and Council to amend the due diligence framework.
Twenty-seven European trade organisations have proposed recommendations to enhance …
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