ESG

Labor Department’s Pro-ESG 401(k) Rule Draws Support on Appeal

Labor Department’s Pro-ESG 401(k) Rule Draws Support on Appeal

Photo: AmnajKhetsamtip/Getty Images Amicus briefs describe rule as being faithful to existing law ESG rule survived federal review by conservative Texas judge The Labor Department’s ESG-friendly retirement investing rule drew support from a group of blue state attorneys general, who told the Fifth Circuit the rule provides needed clarification […] Click here to view original

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The end of ESG? BlackRock admits adverse effects in SEC filing

The end of ESG? BlackRock admits adverse effects in SEC filing

The end of ESG (environmental, social, and governance) illustration by Linas Garsys / The Washington Times OPINION: BlackRock ’s penchant for ESG is already coming back to bite it in the behind. In its annual filing with the Securities and Exchange Commission, the financial behemoth openly admitted its ESG […] Click here to view original

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Procurement leaders sidelining environmental sustainability, survey finds

Procurement leaders sidelining environmental sustainability, survey finds

Sourcing departments continue to prioritise shorter-term objectives over ESG considerations. In a recent survey of 250 senior procurement leaders in the US and Canada, conducted by Sedex, a supply chain sustainability solutions provider, 40% of respondents admitted that they do not consider sustainability at all when making procurement decisions. […] Click here to view original

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