EU labelling for sustainable investment funds on back burner for now
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo/File Photo Acquire...
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Republican-led US states appeal ruling allowing Biden ESG investing rule
The U.S. Capitol dome is seen from the Russell Senate Office Building on Capitol Hill in Washington, U.S., April 19, 2023. REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsOct 26 (Reuters) - A group of Republican-led U.S. states on Thursday said they would appeal a Texas-based federal judge's decision rejecting their challenge to a rule from President Joe Biden's administration allowing employee retirement plans to consider environmental, social and governance (ESG) issues in investment decisions.The 26 states, led by Texas and Utah, filed a notice of appeal in federal court in Amarillo....
EU lawmakers push to weaken corporate sustainability disclosure
European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, Mairead McGuinness speaks during the press conference on...
EU gives nod to “world’s first” green bond standards
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
EU watchdog monitors surge of cash going into biodiversity funds
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
EU watchdogs see greenwashing across the bloc’s financial sector
LONDON, June 1 (Reuters) - Banks, insurers and investment firms across the European Union have made "misleading claims" about their...
Greenwashing crackdown in Europe leaves investors in the dark
Risk of being misled remains after Jan. 1 rule changeLittle clarity over definition of 'sustainable investment'Analysis shows greenest funds exposed...
U.S. Congress votes to block ESG investing, Biden veto expected
WASHINGTON, March 1 (Reuters) - A Republican bill to prevent pension fund managers from basing investment decisions on factors like...
UK must align sustainable rules with EU where possible or risk losing capital, say advisers
LONDON, Feb 23 (Reuters) - Britain risks falling behind in the race to attract green capital if its sustainable finance...
UK lawmakers clash with fund industry over plan to tackle greenwashing
LONDON, Feb 22 (Reuters) - Britain's financial regulator should rethink its plan to curb greenwashing because it risks disrupting 91...
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