Shareholder support for environmental and social issues in the US is waning for the second year straight. As this year’s proxy voting season closes, only two climate-related proposals received majority support this year, and no diversity initiative cleared 50%. The Financial Times covers the story.
As AI use soars, Morgan Stanley predicts that the ‘power-guzzling’ process will drive ESG debt sales in the US. The bank predicts that sales could soar to the trillion-dollar mark seen in 2021 by the end of 2024. Bloomberg covers the story.
New research from the London Stock Exchange shows that the so-called green economy has delivered total returns of 198% over the past 10 years, outpaced only by tech stocks. Bloomberg covers the story.
