Asset managers in Europe face new restrictions on what they can call an ESG fund. An investment product with ESG — or equivalent terms — in its name will need to place at least 80% of its assets under management in something that’s related to environmental, social or governance […] Click here to view original […]

Photo Illustration: Jonathan Hurtarte; Photos: Getty Images A group of 21 congressional Democrats on Monday urged the SEC to finalize a rule aimed at ensuring investment funds don’t mischaracterize their environmental, social, and governance credentials. The Democrats asked Securities and Exchange Commission Chair Gary Gensler to finish a rule […] Click here to view original

Frannie Reilly, left, and Libby Smith, right, of McNees Wallace & Nurick. Courtesy photos As part of the Securities and Exchange Commission’s ongoing and evolving mission to enhance disclosures for investors, the SEC published final rules relating to climate-related disclosures for investors (final rules). When announcing the final rules […] Click here to view original

Click here to view original web page at Court rejects Republican states’ challenge to SEC’s ESG proxy vote rule

The enhanced focus on embracing sustainability is having an impact on investment goals too. ESG or Environmental, Social and Governance mutual funds invest in companies that are committed to environmental conservation, social responsibility and corporate governance practices. Vijay C Roy The enhanced focus on embracing sustainability is having an […] Click here to view original

Image: HDT Graphic For Matt Cathey, vice president of operations for Alabama-based Buddy Moore Trucking, ESG was not something he knew much about — until a request from a major customer. ESG stands for environmental, social, and [corporate] governance . Companies such as shippers and institutional investors look to […] Click here to view original