Tag: Environmental/Social/Governance

EU, China Unveil Sweeping Plans to Cut Greenhouse-Gas Emissions

The European Union and China presented sweeping plans to limit greenhouse-gas emissions that will increase costs for industry and consumers, but they drew criticism from...

Opinion: If you want to fix climate change, you need to fix this flaw in conventional economic thought

BRUSSELS, Belgium (Project Syndicate)—Nowhere are the limitations of neoclassical economic thinking—the DNA of economics as it is currently taught and practiced—more apparent than in the...

Inclusion of these U.S. money managers means nearly half of all asset funds managed globally are linked to climate-change pledge

U.S. asset managers Franklin Templeton and MFS Investment Management are among the 41 new signatories, representing $6.8 trillion in assets, joining the Net Zero Asset Managers initiative....

Sustainable themes top investor searches, overshadow growth versus value debate, says DataTrek

The battle over growth versus value in stocks isn’t over. But investors increasingly have been browsing with their fingertips to learn more about responsible investing...

‘There was extraordinary generosity’ — Americans gave a record $471 billion to charity in 2020

U.S. charities took in an estimated $471 billion in donations last year. But that record amount of charitable giving was fueled by more than people’s...

SEC’s Gensler removes Trump-appointed chair of top accounting regulator

Securities and Exchange Commission Chairman Gary Gensler announced the removal of William Duhnke as chairman of the Public Company Accounting Oversight Board, and named Duane...

Facebook opposes adding civil-rights expert to its board

For the second year in a row, Facebook Inc., which is no stranger to civil-rights issues and controversies, is urging shareholders to vote against a...

Vanguard is beefing up its ESG staffing – are more sustainable-investing funds on the way?

Vanguard isn’t known for its broad suite of environmental, social and governance investment funds. It has just five available in the U.S., versus dozens at...

Mastercard joins net-zero climate club with ambitious pledge to bring most of its customers on board

Mastercard Inc. pledges to hit the equivalent of net-zero greenhouse gas emissions by 2050, an increasingly familiar refrain across major companies and government bodies as...

Rockefeller Foundation built on a fossil-fuel fortune becomes largest philanthropist to shun oil investments

The Rockefeller Foundation, a 107-year-old philanthropy built by oil tycoon John D. Rockefeller, says it will completely break with the fossil-fuel industry that seeded its...

How activist investors in U.K. stocks beat their counterparts in U.S. and Europe

U.K. companies targeted by activists outperformed the market by an average of 1.5% during the coronavirus pandemic. daniel leal-olivas/Agence France-Presse/Getty Images When it comes to...

The world’s biggest sovereign-wealth fund wants to rid itself of poor ESG performers

Nicolai Tangen, CEO of Norges Bank Investment Management, which runs Norway’s oil fund. hakon mosvold larsen/Agence France-Presse/Getty Images The boss of Norway’s $1 trillion oil...