Insurance Risk and Capital Americas 2023: US anti-ESG backlash is 'political risk', insurers say

Morningstar has paid the Australian financial regulator AUD29,820 ($19,612) after it alleged the company retained exposure to weapons manufacturers via its ESG-themed funds despite claiming it excluded such companies.

The US Securities and Exchange Commission (SEC) has again delayed the adoption of its climate disclosures rule, to push back a final decision until April next year.