Banks should have to make public how their lending and investment activities impact pollution, according to a group of Democratic senators.
Glasgow Financial Alliance for Net Zero proposed a framework for the financial sector to share net-zero transition plans.
Goldman Sachs Group is facing a U.S. investigation into its funds offering investments using environmental, social and governance criteria.
BlackRock is expanding efforts to give clients invested in index funds the ability to vote their own shares.
Glasgow Financial Alliance for Net Zero, a private sector-led net-zero initiative, is spreading its wings into the Asia-Pacific region.
With ESG being increasingly maligned, some of the industry's early devotees said it's time for a course correction.
McDonald's Corp. shareholders approved an advisory shareholder proposal asking the company to conduct a third-party civil rights audit.
Kristina Kloberdanz was appointed chief sustainability officer at Macquarie Asset Management, replacing Chris Leslie.
Asset managers are continuing to set net-zero targets for an increasing amount of assets, a Net Zero Asset Managers report said.
Police raided Deutsche Bank and its asset management unit's Frankfurt offices, related to accusations of greenwashing at DWS Group.
Vanguard marked "meaningful progress" on its path to achieving net-zero carbon emissions across its investment portfolios by 2050.
Investors should go where the carbon is, reducing each company's emissions rather than eliminating the polluters, Carlyle Group said.
Most plan sponsors are using DEI data from managers to satisfy basic due diligence rather than drive investment decisions, a study showed.
HSBC distanced itself from its head of responsible investment after he criticized the industry for worrying too much about the environment.
Poppy Allonby will join T. Rowe Price Group as its head of ESG enablement and a member of the firm's ESG leadership committee.
The world's most famous electric-vehicle maker has lost its spot on the ESG version of the S&P 500 index.
BlackRock continues to push for a clean-energy transition that could take 20 to 30 years, Larry Fink said at an MSCI climate conference.
Four New York City pension funds reached deals with four investment firms to publicly disclose the race and gender of individual directors.
Over three-quarters of money management firms have formal DEI policies, but the population of decision-makers remains less diverse.
Draft sustainability reporting standards for listed European companies were released for public comment.
Texas Employees Retirement System is on the hot seat for proxy votes asking banks to stop financing new fossil-fuel energy projects.
Allocators are putting more money into gender lens funds and borrowing from their approach to make progress on DEI goals.
New York City pension funds withdrew resolutions at General Electric, Duke Energy and Dominion Energy after reaching deals with the companies.
Western European cities, led by London, continue to dominate when it comes to green finance, but U.S. cities are starting to catch up.
National Pension Trust is shifting its default investment strategy to a sustainable one, moving $1.25 billion in assets in the process.