ESG

Court Orders SEC to Either Defend, Change or Repeal Climate Reporting Rules

Fri, 19 Sep 2025 05:50:00 -0400

The U.S. Court of Appeals has told the U.S. Securities and Exchange Commission that it will not issue a ruling on the legality of its climate disclosure rules, as requested by the SEC, leaving the agency on its own to decide on the fate of the rules requiring climate-related reporting by public companies.

Texas Judge Greenlights Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using Climate Initiatives to Manipulate Energy Markets

Mon, 11 Aug 2025 15:31:00 -0400

Eleven State Attorneys General filed a lawsuit claiming that the asset managers engaged in anticompetitive behavior by using sustainable development initiatives to manipulate coal markets.

UBS Exits Net Zero Banking Alliance

Fri, 08 Aug 2025 10:10:00 -0400

Swiss banking and financial services group UBS announced today that it has decided to withdraw from the Net-Zero Banking Alliance, becoming the first major European bank outside of the UK to exit the UN-backed coalition dedicated to advancing global net zero goals through their financing activities.

GRI Releases New Reporting Standards

Tue, 01 Jul 2025 08:46:00 -0400

The Global Reporting Initiative ("GRI") has released new Climate Change and Energy Standards, which are developed by the Global Sustainability Standards Board ("GSSB"), and are one of the "most commonly accepted global standards for sustainability reporting by companies."

The Political Nature of ESG

Tue, 24 Jun 2025 09:52:00 -0400

Andrew Stuttaford in his recent National Review article shows how Environmental Social Governance ("ESG") has never been neutral, but has always had political underpinnings.

SEC Abandons Defense of Climate Disclosure Rules

Wed, 18 Jun 2025 09:28:00 -0400

The United States Securites and Exchange Commission ("SEC") is withdrawing proposed rules that would require "disclosures by investment managers marketing ESG-focused funds aimed at providing consistent information to investors and to avoid greenwashing risk."

BlackRock No Longer on Texas Boycott List

Fri, 06 Jun 2025 11:24:00 -0400

Following its exit from several climate-focused investment groups, BlackRock has officially been removed from a Texas boycott list.

The EBA Works to Streamline ESG Rules

Tue, 27 May 2025 12:35:00 -0400

The European Banking Authority ("EBA") has proposed new ESG disclosure requirements, with the aim of making compliance easier for banks.

Trump's War on "Climate Lawfare"

Thu, 17 Apr 2025 09:49:00 -0400

In what some claim to be a necessary move, President Trump has signed an executive order empowering the Attorney General to crack down on abuses of the legal system regarding "climate lawfare," which significantly drive up energy costs.

The Violent Arm of ESG

Mon, 14 Apr 2025 09:22:00 -0400

Gregory Angelo and Stone Washington of Townhall explore the violent tendencies of the Environmental, Social, and Governence ("ESG") movement.