Archive

Goldman Sachs charged for ESG fund failures

The asset management division of banking giant Goldman Sachs has been charged for failures to follow its own policies and procedures for the environmental, social and governance (ESG) research its teams used to make investments.

SEC adopts rule to boost transparency of proxy votes

The US Securities and Exchange Commission (SEC) has adopted a rule that it says will improve the availability and comparability of information on investors' proxy votes.

SEC rules may 'compel' companies to link pay to ESG, commissioner says

Rules that require US-listed companies to describe the link between financial performance and how much they pay their executives could mean that boards feel "compelled" to link remuneration to sustainability metrics, a senior official suggested.

ESG litigation risk rising - part two

The second part of this feature on ESG litigation focuses on the risks facing companies. Thomas Cox reports

ESG litigation risk rising

A flood of ESG litigation involving companies and investors is predicted, writes Thomas Cox

'Writing on the wall' for uptick in SEC's ESG scrutiny, says law firm

The "writing is on the wall" for a significant uptick in scrutiny by the US securities markets regulator of fund manager claims of environmental, social and governance (ESG) integration, according to a US law firm.

CDP partners with Thailand on TCFD

Bank of Canada encourages regulator to tighten climate disclosure rules

The Bank of Canada has urged the Canadian Securities Administrators (CSA) to tighten climate risk disclosure rules or else Canadian firms will struggle to attract enough capital to finance their transition.

US SEC investigating Goldman Sachs over ESG strategies

The US securities markets regulator has launched an investigation into Goldman Sachs as it studies how the finance giant considers environmental, social and governance (ESG) criteria.

Companies should ready Scope 3 disclosures, says ERM

More companies will be urged to undertake scope 3 emissions disclosures under new international standards and should ramp up their preparations to meet these demands, according to ERM.