Republican-led FSC proposes ESG crackdown legislation
1st August, 2023
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.
The committee, chaired by Republican Patrick …
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July 18, 2023
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.…
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June 27, 2023
Democrat Senate banking chair Sherrod Brown has gained a rare level of bipartisan support for a bill designed to bring heavier regulation to the US banking sector.
In cooperation with …
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April 28, 2023
With the 2023 proxy season well underway, it is looking like it could be another record-breaking year for environmental, social and governance (ESG) shareholder proposals. In the United States the …
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April 13, 2023
A coalition of more than 300 investors and companies has urged US policymakers to protect their freedom to invest responsibly.
The ‘Freedom to Invest’ coalition produced a statement arguing …
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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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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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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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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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