ESG, once a dominant trend, is now facing disapproval and legal challenges, prompting businesses to distance themselves and adopt new terms like "responsible business." Political pressures and investor skepticism have led to significant withdrawals from ESG funds, with companies like BlackRock, State Street, and Fidelity adjusting their policies in […] Click here to view original […]

ACCESSWIRE· AllianceBernstein NORTHAMPTON, MA / ACCESSWIRE / January 12, 2024 / AllianceBernstein Erin Bigley, CFA | Chief Responsibility Officer Transcript There are a lot of opportunities we’re going to be exploring in the responsible investing space in 2024, from carbon markets, which are developing rapidly, to blended finance, which […] Click here to view original

Regulators such as the FCA are cracking down on greenwashing as part of their green investing regimes Getty Images/Science Photo Library RF The anti-ESG backlash will pose less of a threat to sustainable finance in 2024, City experts say, but the asset class is in for another bumpy ride. […] Click here to view original

Here’s a summary of recent developments in sustainable finance, ESG (environmental, social and governance), climate technology and the energy transition: Sustainable finance framework in Oman : Oman has introduced a sustainable finance framework as part of its Vision 2040 economic development plan, Reuters reported, citing the country’s finance ministry. […] Click here to view original

Growing importance of impact investing : Investors are increasingly turning to impact investing, driven by a need to mitigate risks and a recognition of the potential for positive social and environmental impacts, according to Environmental Finance. The market for that style of investing has ballooned 13-fold from $77.4 billion […] Click here to view original

AMSTERDAM, NETHERLANDS – 2021/11/27: XR activists hold a banner against consumerism during the … [+] On January 8, ExxonMobil XOM -1% released a thoroughly researched and well written 2023 Sustainability Report and 2024 Advancing Climate Solutions Report . The reports are littered with overly cautious disclaimers, clearly the product […] Click here to view original