This week, the Chancellor announced new legislation that will see the ESG ratings industry face increased scrutiny over how they define and label ‘sustainable’ investments. The move comes as part of wider efforts to curb greenwashing within the sustainable investment sector. edie covers the story.
In the US, as Republican Party attacks on green finance continue, Goldman Sachs Asset Management becomes the latest to walk away from the world’s biggest climate alliance for investors. Its departure feeds into a broader trend in the US as banks and investors battle an increasingly entrenched anti-ESG movement. Bloomberg covers the story.
