US sustainable assets fall as SEC pushes ESG regulation
December 22, 2022
Sustainability-linked assets in the US have fallen from a high of $17.1tn in 2019 to $8.4tn at the beginning of 2022, a report from the US Forum for …
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Australian banks intend to reduce climate-risk exposure
December 9th, 2022
Australia’s largest banks expect to reduce exposure to climate-risk affected industries, according to new research by the Australian Prudential Regulation authority (APRA).
The Climate Vulnerability Assessment revealed banks intend …
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DOL final rule allows fiduciaries to consider ESG factors
November 23, 2022
The US Department of Labor (DOL) has issued a final rule to replace controversial regulation regarding inclusion of ESG investments in pension plans.
The Prudence and Loyalty …
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Shareholder takeover rocks AGL board
November 18, 2022
AGL Energy’s Board was overhauled at its recent AGM due to concerns over its climate risk management and a shareholder campaign by tech billionaire Mike Cannon-Brookes. AGL is Australia’s largest greenhouse gas …
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Australia’s ESG movement builds momentum
September 15, 2022
Australia’s new-found commitment to ESG investment is gathering momentum, with both the Principles for Responsible Investment (PRI) and Climate Action 100+ updating their guidance for the nation.
Traditionally regarded as an ESG …
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BHP Shareholders demand consistent climate policy
September 2, 2022
The Australasian Centre for Corporate Responsibility has tabled three resolutions.
BHP Group is facing shareholder resolutions demanding greater consistency around its engagement with climate change.
Tabled by the Australasian Centre for …
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Federated Hermes questioned over SFOF association
August 25, 2022
US asset manager Federated Hermes has come under criticism for its apparent association with the State Financial Officers Foundation (SFOF), a vocal anti-ESG group.
The SFOF is a Republican group, …
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FCA launches open ESG committee
26 August, 2022
The Financial Conduct Authority (FCA), which regulates the UK’s financial services industry, has launched an advisory ESG committee open to external members.
The committee will work with the FCA board to address …
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