UN-ESG

EU Lawmakers Set Board Diversity Requirements

June 28, 2022

The Council and European Parliament have announced an agreement on a new law that sets targets for EU companies to create gender balance on corporate boards, increasing representation of women on boards, targeting 40% of non-executive director positions, and 33% of all board positions, by 2026.
Two Dozen AGs Challenge SEC Climate Rule

June 22, 2022

Two dozen state attorneys general have written a letter to the Securities and Exchange Commission (SEC) secretary demanding that the agency not finalize a Biden rule taking a "maximally aggressive regulatory approach" by forcing public companies to publish extensive climate-related disclosures on the grounds that "Regulatory agencies of the federal government must never become political action committees. »
AG Takes a Stand Against Woke Investing

June 22, 2022

Environmental, Social, and Governance (ESG) investing has grown enormously in the United States and has accelerated political activism within American corporations and Institutions, leading Kentucky Attorney General Daniel Cameron to outline a way to push back against ESG by holding money management firms accountable for not acting in their clients’ financial best interests.
Banks Face Push to Disclose how their Lending Leads to Pollution

June 22, 2022

According to a group of Democratic senators, new rules proposed by the US Securities and Exchange Commission (SEC) that require companies to reveal detailed data about their greenhouse gas emissions should also have to make public how their lending and investment activities impact pollution.
Rafi Cites For-Profit UN-ESG Consulting Firms to explain why Sustainability is Crucial for Corporate Strategy

June 14, 2022

Global Consultant Talal Rafi writing for the World Economic Forum explains how sustainability is crucial for corporation strategy if they want to remain relevant, citing for profit UN-ESG (Economic, Social, Governance) consulting firms as examples.
Bloomberg: SEC Proposals for ESG Ignore 80 Years of Financial Science

June 08, 2022

Former managing director and head of financial market research at AQR Capital Management Aaron Brown argues that the US Securities and Exchange Commission is right to be concerned about « greenwashing » of investments with environmental, social and governance considerations but is ignoring 80 years of financial science which will lead to ineffective solutions.
Brookings compares U.S. and EU UN-ESG Disclosure Regimes

June 08, 2022

Addisu Lashitew writing for the Brookings Institute explores how Environment, Social and Governance disclosure regimes differ between the United States and the European Union.
Accenture, Microsoft to partner on UN-ESG Service Offerings

June 08, 2022

Accenture, Microsoft and their digital cloud and advisory services and solutions joint venture Avanade announced the launch of a new partnership enabling organizations transform operations, products, services and value chains to accelerate the net zero transition, with plans to expand their focus to ESG issues in the future.
U.S. SEC Unveils Rules to Ensure ESG Funds Follow Through on Investments

June 01, 2022

The Securities and Exchange Commission (SEC) has proposed rule changes enforcing more standardization of fund’s environmental, social and corporate governance (ESG) credentials and limit unfounded claims.
Conservatives Counter Woke Companies with New Viewpoint Diversity Score Business Index

June 01, 2022

Inspire Investing, a Christian investment and technology firm, and the Alliance Defending Freedom, a conservative legal foundation have launched Viewpoint Diversity Score Business Index to measure “corporate respect for religious and ideological diversity in the market, workplace and public square”, countering the corporate scorecards on issues such as sustainability, racial justice and LGBTQ rights that abound on the left.