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Passage of US anti-ESG bill 'could be enormously negative' for industry

A bill to limit the ability of US retirement funds to consider sustainability factors in investment decisions "could have an enormously negative impact on pension beneficiaries, investors, and the nation's economy," an expert warned.

SEC 'no action' decision likely to stunt ESG proposals 'in short term', says Ceres

A decision likely to let more US companies block shareholder resolutions is expected to curb the number of successful sustainability-related proposals in the upcoming AGM season, according to non-profit Ceres.

Fed, FDIC among US agencies to ditch 'distracting' US climate risk principles

Principles to help financial institutions manage climate-related risks have been rescinded by federal regulatory agencies including the Federal Reserve, marking the latest in a wide-ranging rollback of sustainability-related policies under the presidency of Donald Trump.

SEC ends defence of climate rule in 'backward step for investors'

The Securities and Exchange Commission (SEC) has ended defence of its own climate disclosure rule, signalling a major blow to hopes it could be saved from legal challenges.

'About half' of companies in scope of imperilled SEC rule may have to disclose anyway - Ceres

The combination of climate disclosure rules in California and the EU, and other national rules with extraterritorial reach, are set to capture about half of the companies that would have been in scope of the imperilled Securities and Exchange Commission (SEC) rule, Ceres has estimated.

Trump victory would be 'disastrous' for sustainability

Investors would need to step up in advocating for sustainability in the advent of a Trump victory in the US presidential elections, an Environmental Finance conference heard.

Businesses urge California to unlock funding for climate disclosure rule

SEC poised to unveil hotly anticipated climate rule

The US Securities and Exchange Commission (SEC) is to unveil its hotly anticipated climate rule next week, when commissioners will vote on adoption of the file.

Funding cut delays progress of California climate disclosure rules

SEC climate disclosure law 'to be delayed to H2'

The US Securities and Exchange Commission's (SEC) planned climate disclosure rules are likely to be delayed to the second half of 2023, an Environmental Finance conference heard.