Archive

NY pension fund tells SEC not to abandon review of shareholder proposals

A major US pension fund has warned the Securities and Exchange Commission (SEC) against plans to permanently stop reviewing shareholder proposals, arguing that it risked a re-run of "chaos" this year.

$101bn US pension fund decries SEC climate rule cuts

Claims of cost-savings linked to the Securities and Exchange Commission (SEC) rescinding its climate disclosure rule are overstated and the move will only make investors' work harder, a major US pension fund manager warned.

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.