Archive

SEC chair suggests making permanent controversial 'no action' stance

The US Securities and Exchange Commission (SEC) chair suggested the agency would continue not to adjudicate on the validity of shareholder proposals, arguing that the move "did not create the chaos that many feared" this year.

Brazil revokes mandatory sustainability reporting for listed companies

SEC cites EU, ISSB 'challenges' among reasons for revoking climate rules

The US Securities and Exchange Commission (SEC) cited "challenges faced by other climate-risk reporting regimes" including in the EU's among reasons for proposing to revoke in full its own rules.

SEC asks US government to back rescinding climate disclosure rule

Will MAGA politics trump sustainability at US AGMs?

The 'anti-ESG' movement threatens to further undermine support for shareholder proposals, Michael Hurley reports

SEC delays reporting on fund name rules

SEC allowing exclusion of shareholder proposals 'could diminish investor rights'

Trump takes aim at ESG as he tells regulators to curb proxies' sustainability advice

US President Donald Trump has ordered the country's regulators to review their rules to ensure a proxy advisors ISS and Glass Lewis "act solely in the financial interests" of investors, suggesting they should not back climate or diversity shareholder proposals.

SEC chair backs giving companies more power to block 'politicised' ESG resolutions

Companies would be given more power to ignore shareholder proposals under a rule change proposed by the chair of the US Securities and Exchange Commission (SEC), who argued investors' ESG-related proposals risked undermining growth.

Maynilad secures pioneering 'green equity' label in Philippines

Water and waste firm Maynilad Water Services has secured the first Philippine 'Green Equity' label ahead of its initial public offering (IPO), which is believed to be also the first green equity deal in Asia Pacific (APAC).