February 08, 2023
More than 100 conservative leaders and groups are backing a new resolution whose goal is to terminate President Biden’s Department of Labor rule that allows retirement plan managers to factor environment, social and governance (ESG) issues into investment decisions, raising concerns that 152 million Americans retirement savings are being politicized.
February 06, 2023
The House Financial Services Committee, led by Patrick McHenry (R-NC), has announced a new working group to address environmental, social, and governance proposals (ESG) including the recent Securities and Exchange Commission’s (SEC) move to mandate climate impact disclosures.
February 03, 2023
In a news release this week, every Senate Republican, along with Sen. Joe Manchin, D-W.V., and Rep. Andy Barr, R-Ky have announced that a joint resolution will be reintroduced in the Senate and House that would nullify the Department of Labor's new rule permitting retirement plan fiduciaries to consider climate change and other environmental, social and governance (ESG) factors when selecting investments and exercising shareholder rights.
February 01, 2023
The Global Investor Commission on Mining 2030 was launched at the London Stock Exchange with the goal of reforming the mining sector for the low carbon transition by 2030 and is backed by the Church of England Pensions Board (CEPB) and advised by the United Nations Environment Programme.
January 31, 2023
The OECD has launched a public consultation process to gather comments from stakeholders regarding potential changes to its Guidelines for Multinational Enterprises which serves as a reference for companies on how they can ensure responsible conduct.