7/5/24: According to legal pundits, the Labour Party’s victory in the UK elections marks an important moment for the country’s approach to climate policy and sustainable finance
6/28/24: The International Organization for Standardization (ISO) has started the development of a new international standard on net zero emissions, hoping to provide clarity and greater credibility to net-zero goals and to combat greenwashing
6/26/24: In a world first, Denmark plans to tax livestock farmers for carbon emissions from cows, sheep, and pigs from 2030
6/18/24: While anti-ESG legislation has dominated headlines in the United States, few efforts actually succeeded with only 6 out of 161 proposed bills in 28 states prohibiting ESG consideration passed
6/17/24: The European Council has reached an agreement the anti-greenwashing EU Green Claims Directive, which includes minimum requirements to substantiate, communicate, and verify green claims
6/13/24: The Financial Accounting Standards Board (FASB) has voted unanimously to publish a new draft of accounting standards for environmental credits for public comment
6/13/24: According to a KPMG survey, nearly all companies believe that they will be required to provide sustainability reporting under at least one new sustainability standard within the next two years
6/6/24: A federal court in Australia found a superannuation liable for making misleading ESG investing claims to its members
6/5/24: According to new Final Reports on Greenwashing issued by the European Supervisory Authorities (ESAs), the rapid growth of sustainable investments will require stronger supervisory actions and greater access to data to address greenwashing risks at investment firms, banks, and insurers
5/30/24: According to Clarity AI, a sustainability technology platform, more than 40% of EU investment funds including ESG/sustainability labels may need to either change names or sell certain assets to meet the new anti-greenwashing laws by the European Securities and Markets Authority (ESMA)
5/29/24: Global efforts to standardize sustainability disclosures are gaining traction, with over half of the world's GDP represented by jurisdictions moving towards adopting or aligning with ISSB Standards
5/28/24: Qatar has entered the green finance space through its inaugural issuance of USD 2.5 billion in green bonds
5/28/24: The Australian Sustainable Finance Institute (ASFI) has initiated a public consultation on the Australian Sustainable Finance Taxonomy, developed in collaboration with the Australian Government to guide investment towards Australia’s sustainability objectives
5/28/24: The U.S. government issued a statement on policies and principles to guide participation in voluntary carbon markets
5/24/24: The IFRS Foundation and the Global Reporting Initiative (GRI) announced that they will collaborate to build on the Memorandum of Understanding signed in 2022 to optimize how their standards can be used together to report on an organization's impacts and risks
5/23/24: The UK government’s Emissions Trading Scheme (ETS) Authority proposed expanding its carbon pricing system to include the energy from waste and waste incineration sectors and integrating greenhouse gas removal technologies
5/22/24: A legal memo by Jenner & Block LLP finds no basis in law for claims made by 21 Republican state attorneys general that investors considering climate risks or joining climate initiatives (like Climate Action 100+) are violating antitrust laws or their fiduciary duties
5/17/24: Following a court’s pause of Oklahoma's anti-ESG bill, the Oklahoma Public Employees Retirement System has extended its investment contract with BlackRock
5/15/24: Most attorneys surveyed by Bloomberg Law anticipate that the U.S. Securities and Exchange Commission's new climate-related disclosure rule will not survive its legal challenges intact, with many expecting it to be partially overturned or entirely struck down
5/14/24: President Joe Biden has increased tariffs on $18 billion in Chinese imports, including electric vehicles (EVs) and solar cell
5/14/24: The U.S. 5th Circuit Court of Appeals rejected a challenge of the new U.S. Securities and Exchange Commission proxy vote disclosure rule, requiring investment funds to disclose their votes on ESG issues
5/14/24: The European Securities and Markets Authority has released its finalized guidelines for ESG and sustainability use in investment funds
5/13/24: Twenty-one congressional democrats have issued a letter calling for the SEC to finalize the previously proposed rule to require fund managers with sustainable investments to be more transparent in order to combat greenwashing
5/8/24: An Oklahoma County judge has temporarily halted the enforcement of the Oklahoma Energy Discrimination Act of 2022
5/3/24: A UK High Court judge ruled that the government acted unlawfully in approving a plan to meet climate targets without sufficient evidence it could be achieved
5/3/24: The Hong Kong Monetary Authority (HKMA) has released its Taxonomy for Sustainable Finance, akin to the EU Taxonomy, categorizing economic activities by sustainability
5/2/24: If former President Donald Trump were to win a second term, the Securities and Exchange Commission (SEC) under his administration would likely reverse the Commission’s recently issued climate public company disclosure rules, according to sources familiar with the matter
5/2/24: The IFRS Foundation and EFRAG have published interoperability guidance on how to apply both the International Sustainability Standards Board’s Standards (ISSB Standards) and the EU’s / CSRD’s European Sustainability Reporting Standards (ESRS Standards)
4/30/24: The European Council has delayed the adoption of both sector-specific reporting standards and reporting standards for large non-EU companies by two years – until June 2026
4/30/24: The European Commission and EU consumer authorities have issued letters to 20 airlines identifying potentially misleading green claims, such as suggesting that paying additional fees for climate projects or sustainable fuels could offset CO2 emissions
4/29/24: The world’s largest sovereign wealth fund, Norway’s $1.6 trillion Norges Bank Investment Management, stated that it sees the anti-ESG backlash in the U.S. as an opportunity to lean into sustainable investing
4/26/24: The European Parliament passed the Net Zero Industry Act to support the manufacturing of key decarbonization technologies by the EU
4/24/24: The European Parliament has approved new the Corporate Sustainability Due Diligence Directive (CSDDD), which would require large companies to address their adverse impact on human rights and the environment
4/23/24: Britain's financial regulator will, starting May 31, enforce a new rule to combat greenwashing, requiring investment firms to accurately describe the sustainability of their products
4/16/24: Texas local leaders at a Bond Buyer conference spoke out against two Texas anti-ESG laws restricting the banks with whom municipal issuers can do business due to the banks’ purported energy and firearm policies
4/15/24: The EU’s Energy Performance of Buildings Directive has been adopted by the EU’s member states
4/11/24: The Science Based Targets initiative (SBTi), a certifier of companies' net zero plans, has announced its intention to allow the use of carbon offsets and credits in net zero plans to reduce a company’s Scope 3 emissions.
4/10/24: The European Parliament has passed a new EU certification scheme for carbon removals, aiming to boost high-quality removals and combat greenwashing
4/10/24: The Sustainability Standards Board of Japan (SSBJ) has issued proposed Sustainability Disclosure Standards, aligned with those issued by the International Sustainability Standards Board (ISSB)
4/9/24: The European Court of Human Rights ruled that Switzerland violated its citizens' human rights by failing to protect them from climate change's effects
4/8/24: India's Supreme Court has expanded the "right to life" to include protection against climate change's adverse effects, stating that a clean environment is essential for this right to be fully realized
4/4/24: The U.S. Securities and Exchange Commission voluntarily stayed its new climate disclosure requirements, pending the resolution of the legal challenges to the rule that are pending in the Eighth Circuit Court of Appeals
4/4/24: JPMorgan Chase, Citi, and RBC have reached an agreement with the New York City Comptroller to publicly disclose the ratio of clean energy to fossil fuel financing.
3/29/24: The Biden administration announced America’s strongest pollution regulations for heavy duty vehicles
3/28/24: Saudi Arabia’s Ministry of Finance has introduced the Green Finance Framework to boost the country’s sustainability goals and achieve net zero by 2060
3/28/24: An Australian Federal Court has found Vanguard Investments Australia liable for making misleading claims about certain ESG exclusionary screens used by its Ethically Conscious Global Aggregate Bond Index Fund.
3/27/24: Mississippi issued a cease-and-desist order against BlackRock, claiming that the asset management firm made supposedly fraudulent statements and misrepresentations about its ESG strategies
3/26/24: Nigeria gives companies until 2028 to adopt ISSB reporting standards
3/15/24: A U.S. appellate court in New Orleans has temporarily stayed the U.S. Security and Exchange Commission’s new climate rules, pending the consideration of the appeal
3/14/24: The Canadian Sustainability Standards Board (CSSB) released proposed climate disclosure standards that are based on those issued by the International Sustainability Standards Board (ISSB)
3/14/24: Experts weigh in on new U.S. Securities and Exchange Commission rules
3/13/24: The European Parliament approved plans requiring all new buildings in the EU to be zero-emission from 2030 onwards
3/11/24: A new survey by Workiva found over 90% of investors believe upcoming sustainability reporting regulations like the EU's CSRD and the SEC's climate rule will enable better investment decisions
3/6/24: The U.S. Securities and Exchange Commision requires registrants to disclose board and management oversight and material climate related impacts and risks
3/6/24: The U.S. Securities and Exchange Commission has approved new climate disclosure rules that are less stringent than the initial proposal
3/5/24: The SEC announced that it will be considering its long-anticipated issuer climate disclosure rule at an open meeting this Wednesday, March 6th.
3/1/24: A recent survey by ICE, the We Mean Business Coalition, and Bain found that additional regulation of carbon markets could lead to increased investment
2/28/24: Singapore is set to introduce mandatory climate reporting starting in 2025, requiring listed and large non-listed companies to disclose environmental impact and climate-related information
2/28/24: The European Union's proposed Corporate Sustainability Due Diligence Directive (CSDDD) has faced a setback as member states failed to support it at the Council level
2/27/24: European Parliament approves Nature Restoration Law amidst farmer and conservative protest
2/6/24: The U.S. Postal Service announced new sustainability targets as part of their Delivering for America plan, with the goal of reducing emissions and waste by 2030
2/22/24: Several U.S. states have introduced anti-ESG legislation and that legislative activity has increased over the past year, with 61 pending anti-ESG bills
2/21/24: Paper published on China’s role in accelerating the global energy transition through green supply chains and trade
2/21/24: New Hampshire, U.S lawmakers have rejected two bills, SB 520 and HB 1267, aimed at limiting public institutions like the New Hampshire Retirement System from considering ESG factors in their investment strategies
2/21/24: The European Council has finalized the adoption of a directive aimed at safeguarding consumers against deceptive green claims and greenwashing tactics
2/21/24: Wall Street Journal Q&A examines how companies can bridge the differences between the International Sustainability Standards Board’s (ISSB) and European Sustainability Reporting Standards (ESRS)
2/20/24: Unlocking America’s Future recently compiled research demonstrating the detrimental impact that U.S. anti-ESG legislation may have on states and their investments
2/19/24: The California Energy Commission has approved a $1.9 billion investment plan through 2027 to bolster infrastructure for zero emissions vehicles and transportation in the state
2/12/24: This week saw the release of several new sustainability ratings reports, including by the CDP, S&P Global, Morningstar, and Just Capital.
2/8/24: Despite 90% of executives considering sustainability crucial to commercial success, only 27% report having access to high-quality sustainability data: Salesforce survey
2/6/24: European Parliament and Council reach provisional agreement on regulating ESG ratings that guide trillions of investment dollars
2/6/24: The European Commission recommended a climate target of cutting net greenhouse gas emissions by 90% by 2040
1/30/24: UK-based bank Barclays barred from Texas bond market for participation in Net-Zero Banking Alliance
1/30/24: Business coalition sues state of California in attempt to overthrow landmark corporate climate disclosure laws
1/17/24: According to CEO Magazine, global sustainability reporting requirements will have a seismic impact on c-suites and boardrooms
1/19/24: EBA Proposes New Guidelines for Banks on ESG and Climate Risks
1/18/24: EU lawmakers reached a provisional agreement on proposed new emissions rules for heavy-duty vehicles
1/17/24: The European Parliament passed a law banning misleading environmental claims and greenwashing on products
1/16/24: Republican lawmakers propose legislation that would criminalize the consideration of ESG factors by state funds
1/15/24: Australia has introduced draft legislation that would require climate-related reporting by large and medium-sized companies
1/9/24: The Wall Street Journal Labels ESG as the Newest 'Dirty Word' in Corporate America, with Leaders Preferring Terms Like 'Responsible Business
1/6/24: Experts Predict Increased ESG Action in 2024 as New Sustainability Regulations Loom
1/2/24: Canada Initiates Consultation for Federal Plastics Registry to Monitor Creation and Distribution of Plastics
12/28/23: Biden Administration Grants Louisiana Regulators Authority to Approve Carbon Capture Projects
12/27/23: Canada Introduces Standard Mandating Annual Increases for Zero Emission Light Duty Vehicles, Targets 100% Sales by 2035
12/27/23: French Government Ruling Could Require European ESG Funds to Sell Fossil Fuel Holdings
12/26/23: Biden Administration Proposes Strict Regulations for Hydrogen Producers to Qualify for Clean Hydrogen Tax Credits
12/22/23: Harvard Business Review Article Proposes Framework for Companies to Respond to Anti-ESG Rhetoric
12/21/23: New York State Issues Guidance for Regulated Banking and Mortgage Organizations on Managing Material Financial and Operational Risks from Climate Change
12/21/23: EU and UK Agree to Delay Tariffs on Electric Vehicles Until the End of 2026
12/20/23: European Council Agrees on Proposal to Negotiate Regulation of ESG Ratings
12/18/23: UK Government Reveals Plans for Carbon Import Levy on Certain Products Starting in 2027
12/13/23: COP28 Concludes with Global Leaders Agreeing to Unprecedented Climate Deal Urging Transition Away from Fossil Fuels
12/12/23: Australian Competition and Consumer Commission Releases Eight Principles to Guide Businesses on Environmental Claims
12/11/23: Canada Unveils Draft Protocol 'Reducing Enteric Methane Emissions from Beef Cattle' to Address Methane Emissions in the Livestock Sector
12/5/23: European Supervisory Authorities Propose Amendments to Draft RTS of Sustainable Finance Disclosure Regulation
12/4/23: MAS Launches Singapore-Asia Taxonomy for Sustainable Finance
11/30/23: COP28 Nations Approve Landmark Deal Establishing 'Loss and Damages Fund' to Aid Developing Nations Hit by Climate Emergencies
11/28/23: UK Financial Conduct Authority Publishes Rules to Combat Greenwashing and Ensure Accurate Labeling of Sustainable Funds
11/28/23: Michigan Governor Whitmer Signs Sweeping Clean Energy and Jobs Act into Law
11/24/23: Over 100 Countries Agree on UN-Led Interim Goal to Cut Global Aviation Emissions 5% by 2030 with Sustainable Aviation Fuel
11/22/23: European Parliament Members Agree to Establish Certification Framework for Enhanced Verification of Carbon Removals
11/8/23: UK Government Advances Plans to Regulate Ratings Agencies Assessing Companies' ESG Performance
11/6/23: UN Committee Breaks Impasse on 'Loss and Damage Fund' to Assist Vulnerable Nations Hit by Climate-Driven Disasters
10/31/23: Hong Kong Securities Regulator Backs Non-Mandatory Guidelines for ESG Rating and Data Products Providers
10/30/23: COP28 Leadership Urges Governments to Triple Renewable Energy Capacity by 2030
10/24/23: AASB Proposes Sustainability Reporting Standards Aligned with ISSB Framework
10/20/23: EU Council Reaches Agreement on Proposal to Further Reduce CO2 Emissions from Heavy-Duty Vehicles
10/18/23: SEC's Exclusion of ESG from Exam Priorities Doesn't Signal Disregard, Experts Say
10/18/23: Fifth Circuit Court of Appeals Upholds Nasdaq's Board Diversity Rule
10/17/23: PwC Report Highlights Rising Demand for Climate Tech Innovation Amidst Declining Venture and Private Equity Funding for Start-ups
10/17/23: EBA Report Evaluates Impact of Environmental and Social Risks in Banking Sector
10/16/23: Dish Network to Pay First-of-Its-Kind Fine to FCC for Improper Satellite Disposal Near Operational Orbit
10/13/23: TCFD Issues Final Status Report for the Year on Climate-related Financial Disclosures
10/12/23: Department of Labor Issues Advisory Opinion Supporting Citigroup's Efforts to Diversify 401K Program Managers
10/10/23: California Governor Newsom Signs Groundbreaking Law Promoting Diversity in Venture Capital
10/6/23: European Parliament Overwhelmingly Approves New European Green Bond Label to Combat Greenwashing and Enhance Investor Transparency
10/3/23: Eleventh Circuit Court of Appeals Grants Preliminary Injunction in Fearless Fund Case
10/3/23: Sustainable Investing Supporters Optimistic as Anti-ESG Efforts Face Lukewarm Support and Limited Voter Engagement
10/2/23: EU Initiates First Phase of Carbon Border Tariff, a Groundbreaking Mechanism to Address Carbon Emissions
9/26/23: Federal Judge in Atlanta Rejects Preliminary Injunction Request to Halt Venture Capital Fund's Consideration of Grants for Black Women-Led Businesses
9/26/23: Emmanuel Macron Unveils Plan to Slash France's Greenhouse Gas Emissions by 55% by 2030
9/21/23: EU Lawmakers Reach Agreement to Ban Vague Product Taglines Like 'Environmentally Friendly' and 'Climate Neutral
9/21/23: Texas Federal Judge Dismisses Case Seeking to Overturn Department of Labor's ESG Rule
9/20/23: UK Prime Minister Rishi Sunak Delays Ban on New Gasoline and Diesel Cars to 2035, Citing High Costs for Average Households
9/20/23: SEC Adopts Amendments to Fund Names Rule, Mandating Mutual Funds Align at Least 80% of Assets with Their Name
9/18/23: California Sues Major Oil Companies for Alleged Cover-Up of Fossil Fuel Production's Role in Climate Change
9/17/23: California Governor Newsom Set to Sign Two Major Climate Disclosure Bills
9/13/23: California Legislature Passes Landmark Bill Mandating Public Reporting of Greenhouse Gas Emissions by Over 5,000 Companies
9/8/23: NGFS Introduces Framework for Central Banks to Evaluate and Address Nature-Related Financial Risks
9/7/23: ECB Climate Stress Test: Banks' Credit Risk May Surge Over 100% by 2030 with Delayed Global Climate Goals
8/22/23: Biden Administration Reinstates Obama-Era Offshore Drilling Safety
8/17/23: The European Commission has introduced reporting rules for importers participating in the Carbon Border Adjustment Mechanism (CBAM)
8/15/23: The Securities Industry and Financial Markets Association (SIFMA) has filed a lawsuit challenging Missouri’s Securities Division’s new rule requiring financial firms to obtain client signatures on state-scripted documents before providing advice incorporating social or nonfinancial objectives
8/14/23: Montana Judge Rules in Favor of Young Activists on Constitutional Rights to a Clean Environment
7/25/23: Anti-ESG legislation in U.S. states has faced considerable opposition over the past seven months
7/28/23: The U.S. Federal Energy Regulatory Commission (FERC) has approved a new rule to speed up the connection of energy projects to the power grid
7/26/23: The Australian Securities & Investments Commission (ASIC) has initiated a court action against Vanguard Investments Australia for supposed greenwashing
7/26/23: House Republicans introduced a series of bills to restrict the ability of the U.S. capital and financial markets to consider ESG issues in investments
7/25/23: The Government of Canada has unveiled initiatives to reduce support for the fossil fuel sector, aligning with its commitment under the Glasgow Statement
7/24/23: UK High Court Rejects ClientEarth's Challenge Against Shell, Upholding Company's Net Zero Emission Strategy
7/12/23: EU Parliament Advances Nature Restoration Law
7/6/23: EPA Proposes Revisions to Greenhouse Gas Reporting Program for More Accurate Methane Emission Data
7/5/23: The United Kingdom’s ESG Data and Ratings Working Group (DRWG) has introduced a draft voluntary Code of Conduct for ESG ratings and data providers
6/29/23: The UK's Financial Conduct Authority (FCA) has expressed concerns about the sustainability-linked loan (SLL) market, citing potential risks to market integrity and greenwashing
6/5/23: The Biden-Harris Administration has released the U.S. National Clean Hydrogen Strategy and Roadmap, which outlines a comprehensive framework for accelerating clean hydrogen production, use, and storage
5/26/23: Several insurers have left the UN Net-Zero Insurance Alliance as Republican politicians in the US have targeted climate action groups
5/17/23: A judge ruled that greenwashing claims against energy giant TotalEnergies will be permitted to proceed in the Paris judicial court
5/12/23: The European Parliament voted to clamp down on greenwashing and misleading consumer label claims
5/11/23: The U.S. House Committee on Oversight and Accountability held a hearing on ESG this past week
5/11/23: The U.S. Environmental Protection Agency (EPA) has proposed new rules that would significantly reduce the amount of GHG released by power plants
5/3/23: The Australian Securities & Investments Commission (ASIC) issued a $13,000 infringement notice to superannuation fund promoter Future Super for alleged greenwashing in a 2019 Facebook post
5/2/23: Florida Governor Ron DeSantis signed anti-ESG legislation prioritizing financial returns for state funds and pensions, preventing green bond issuance, and eliminating ESG considerations in state contracts
4/28/23: EU proposing new rule to cut bonuses of executives whose companies are not aligned with limiting global warming to 1.5 degrees Celsius
4/25/23: European Council announces the establishment of a carbon tax on imported goods
4/21/23: Australia to will launch its first sovereign green bond by the middle of 2024
4/21/23: Monetary Authority of Singapore (MAS) launches a net zero transition financing plan
4/14/23: The Hong Kong Stock Exchanges to require issuers to make climate disclosures
4/13/23: European Supervisory Authorities (ESAs) propose amendments to EU’s Sustainable Finance Disclosure Regulation (SFDR)
4/8/23: US Environmental Protection Agency expected to propose new auto pollution limits
4/5/23: Ten thousand non-EU companies will be subject to the EU’s Corporate Sustainability Reporting Directive (CSRD)
3/30/23: Proposed Texas anti-ESG legislation could cost the state’s retirees billions of dollars
3/30/23: UK publishes its updated net-zero Green Finance Strategy
3/29/23: United Kingdom’s Financial Conduct Authority to delay implementation of its anti-greenwashing rule and sustainability disclosure requirements
3/28/23: EU lawmakers agree on law mandating a increase in electric vehicle recharging and hydrogen refueling stations
3/28/23: Kansas, Wyoming, North Dakota, and Indiana have terminated or significantly watered down anti-ESG bills
3/22/23: European Commission releases new proposed anti-greenwashing rules
3/16/23: Florida Governor announces a coalition of 19 states to oppose the use of ESG factors in government investing
3/13/23: European Supervisory Authorities (ESAs) and the European Central Bank (ECB) to encourage climate change-related disclosures for structured finance products
2/28/23: Australian Securities & Investments Commission (ASIC) brings a lawsuit alleging greenwashing against Mercer Superannuation
2/28/23: Canada to require major government suppliers to disclose their greenhouse gas emissions and set reduction targets
2/28/23: UK’s Competition and Markets Authority (“CMA”) to take a “more permissive approach” in the enforcement of antitrust rules for climate change agreements
2/28/23: European Union reaches provisional agreement to establish a green bond standard
2/21/23: Securities and Exchange Board of India (SEBI) releases Consultation Paper on ESG Disclosures, Rating, and Investing
2/10/23: US Securities and Exchange Commission (SEC) considers adjustments to proposed climate risk disclosure rule
2/3/23: UK’s Financial Conduct Authority (FCA) to test asset management firms’ ESG claims
2/1/23: Financial Reporting Council (FRC), the UK’s auditor regulator, updates its statement of intent on ESG challenges
2/1/23: EU launches Green Deal Industrial Plan in response to US legislation
1/27/23: New York City requires Uber and Lyft to have a zero-emissions fleet of 100,000 by 2030
1/27/23: Attorneys General from red states sue to block U.S. Department of Labor ESG rule
1/26/23: India’s first green bond issuance met with strong demand
1/24/23: NYC’s Comptroller and others call on top banks to set stricter 2030 greenhouse gas emissions reduction target
1/24/23: The European Central Bank (ECB) publishes first set of statistical indicators to help analyze climate-related risks
1/19/23: International Sustainability Standards Board (ISSB) to release global standards in June
1/17/23: US Federal Reserve releases a “climate risk analysis exercise” for major banks
1/13/23: New York State unveils a new “Cap-and-Invest” program
1/2/23: Singapore appoints first Government Chief Sustainability Officer
12/18/22: US Department of Energy (DOE) proposes new energy-efficiency standards
12/21/22: International Sustainability Standards Board (ISSB) has grants companies an extra year to report on Scope 3 emissions
12/20/22: Japan’s Financial Service Agency introduces new law mandating ESG disclosures for Japanese listed companies
12/14/22: The European Banking Authority (EBA) releases its new three-year ESG/sustainable finance roadmap
12/13/22: EU will implement a carbon tax on imports
11/30/22: European Commission adopts proposal for the voluntary framework to certify high-quality carbon removals
11/23/22: How the EU’s new reporting rules apply to US businesses
11/22/22: UK's Financial Conduct Authority (FCA) forms group involving ESG data and ratings providers
11/22/22: SEC charges investment advisor for not following their ESG policies and procedures
11/21/22: EU launches proposed rules of using sustainability/ESG-related investment fund names
11/16/22: European Sustainability Reporting Standards (ESRS) approved by European Financial Reporting Advisory Group (EFRAG)
11/15/22: Three European Supervisory Authorities launch review of greenwashing
11/10/22: New SEC rules will require more disclosure from mutual funds on ESG issues, executive pay, etc.
11/9/22: EU agrees on CO2 emission cut targets
11/2/22: European Central Bank (ECB) warns banks failing to address climate risks about higher capital requirements and/or fines
10/28/22: EU reaches a deal to ban the sale of combustion engine cars by 2035
10/26/22: Three NGOs threaten to sue bank under French law for supporting fossil fuel companies
10/25/22: UK’s Financial Conduct Authority (FCA) proposes rules to clamp down on greenwashing
10/20/22: Investors try to depoliticize ESG
10/20/22: Anti-ESG legislation chart by state
10/18/22: Missouri pulls $500M out of BlackRock managed pension funds, blaming ESG priority
10/13/22: SEC FAQs about use of DEI by investment advisers
9/28/22: Opinion—Wall Street’s system of ESG investing is really used to maximize shareholder returns
9/1/22: California passes $54 billion climate bill
8/24/22: California to ban sale of new gas cars by 2035
8/17/22: Florida proposes anti-ESG rules
8/16/22: A defense against the anti-ESG movement’s climate critiques
8/12/22: A discussion of scientists’ views on the Inflation Reduction Act's climate provisions
8/9/22: 19 states attack Blackrock for focusing on sustainable investing
8/8/22: An analysis of the Inflation Reducation Act’s impact on climate change
8/3/22: Missouri AG investigates Morningstar for its ESG ratings
7/29/22: West Virginia bans banks from doing business with state because their reduced financing of coal
7/19/22: UK’s High Court rules that the government's net zero strategy must be strengthened
7/13/22: U.S. SEC amends rules rescinding certain requirements imposed on proxy advisory firms and investment advisers
7/13/22: U.S. SEC proposes new amendments clarifying when corporations can exclude shareholder proposals
7/12/22: Discussion on how Texas’s anti-ESG law drives down competition and results in higher costs
7/11/22: Calls for the regulation of ESG data and ratings providers
7/1/22: Possible ways forward for environmental regulation despite the U.S. Supreme Court’s decision in West Virginia v. EPA
6/30/22: US Supreme Court restricts the Environmental Protection Agency’s ability to combat climate change
6/28/22: EU reaches a preliminary agreement on the Corporate Sustainability Reporting Directive (CSRD)
6/17/22: Business Roundtable comes out against the SEC’s proposed climate disclosure rule
6/17/22: Comment letter from a bipartisan group of securities experts on why the SEC has the legal authority to require public company climate disclosures
6/16/22: How European and Global sustainable reporting standards may converge
6/10/22: SEC’s ESG enforcement task force at work
6/3/22: New New York law that would ban crypto mining that runs on carbon sources
5/31/22: European regulators getting serious about greenwashing
5/28/22: Texas pressures banks who “discriminate” against guns
5/25/22: The SEC unveils fund names and fund disclosure rules
5/23/22: SEC alleges that the Firm did not always do the ESG quality review on its investments
5/16/22 & 5/20/22: Articles on the polarization/politicization of ESG
https://nymag.com/intelligencer/2022/05/how-red-states-are-trying-to-snuff-out-green-investing.html
https://www.bloomberg.com/news/articles/2022-05-20/why-esg-investing-is-under-republican-attack
5/16/22: California court holds that a state law mandating California companies to include women on boards is unconstitutional
4/20/22: Texas to punish financial services companies who move away from fossil fuels
4/20/22: FCA publishes non-mandatory targets for board diversity
4/4/22: Congressional Research Service report on how climate change may effect the US economy
3/21/22: Opposing views from SEC commissioners on the proposed public company climate disclosure rule:
3/21/22: SEC proposes public company climate risk and greenhouse gas disclosure rules
2/11/22: European Securities and Markets Authority (ESMA) to define greenwashing
11/17/21: SEC has passes universal proxy director candidate requirement
9/1/21: Increased regulatory scrutiny on greenwashing
8/10/21: SEC approves Nasdaq’s board diversity rule
7/19/21: The UK's Financial Conduct Authority (FCA) letter directed at asset managers highlighting ESG marketing concerns
3/15/21: Outline of the SEC’s ESG efforts in the first quarter of 2021
