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Insight

The Week’s Top ESG News

Support for shareholder proposals aimed at tackling environmental and social risks hit a record low last year as US investors retreated from ESG issues. Elsewhere, a new UK group was launched to scale funding for decarbonisation efforts. The Transition Finance Council will ensure that London is a hub for transition financing.
Verity Snow
February 2025
Insight

The Week’s Top ESG News

Of all the world’s largest economies, only the UK is aiming for the Paris Agreement’s 1.5°C goal. 70% of the others missed the UN plan submission deadline, while the US has started its plans to pull out.
Anna Stacey
February 2025
Insight

The Week’s Top ESG News

And another! This week, BT announced it was scrapping diversity measures in its manager bonus scheme as British businesses rethink the role of diversity, equity and inclusion (DEI). Elsewhere, EU investors representing $6.8 trillion in assets have called on officials not to cave to mounting pressure to scale back planned ESG regulation changes.
Verity Snow
February 2025
Insight

The Week’s Top ESG News

The world’s largest banks are reportedly showing little progress on addressing climate change. Elsewhere, EU asset managers are following US trends in ‘pulling back’ on a public show of climate action.
Verity Snow
January 2025
Insight

The Week’s Top ESG News

Will sustainable investing survive Trump 2.0? That’s the question posed this week as Donald Trump re-enters the White House. Elsewhere, the EU faces pressure to scale back controversial ESG reporting requirements.
Verity Snow
January 2025
Insight

The Week’s Top ESG News

Climate group The Net-Zero Banking Alliance has been rocked by an exodus of Wall Street Banks. Meanwhile, US companies are facing legal risks of ESG and DEI policies, with American Airlines becoming the latest to suffer the backlash of the US culture war.
Verity Snow
January 2025
Insight

The Week’s Top ESG News

McDonalds is the latest to retire some diversity goals, meanwhile, the broader anti-ESG US trend is beginning to impact attitudes in the City of London, with fewer funds applying for the FCA’s sustainability labels.
Anna Stacey
January 2025
Insight

The Week’s Top ESG News

New EU human rights rules are forcing global companies to address modern slavery concerns, but there are concerns that the Trump administration may try to exempt US companies from these requirements. A new categorisation framework for the EU’s landmark ESG investing rulebook has been recommended, making it easier for investors to understand what kind of products they’re buying.
Anna Stacey
December 2024
Insight

The Week’s Top ESG News

Asset managers are complaining that a shortage of reliable ESG data is making evaluations of companies’ credentials difficult. Elsewhere, Datamaran teams up with Deloitte to provide ESG evaluation software to clients.
Anna Stacey
December 2024