Tagged: esg

September 27, 2025 @ 1:05 am By Omar Faridi  |  

In the ecosystem of environmental, social, and governance (ESG) priorities, European financial services firms are signaling a commitment to sustainability through strategic boardroom changes, even as global debates continue. This, according to insights from EY. Meanwhile, a stark gap in corporate reporting on nature-related impacts… Read More

June 27, 2025 @ 9:40 am By JD Alois  |  

CryptoUK and Eunice have announced the creation of an ESG Working Group. CryptoUK is a leading voice in the UK advocating on behalf of the digital asset industry. Eunice, a member of CryptoUK, is a firm that provides B2B AI solutions for the digital asset sector…. Read More

May 30, 2025 @ 2:33 pm By Omar Faridi  |  

Investment firms licensed by the MFSA are expected to update their policies and procedures to be in line with EU rules and guidelines, particularly on their advisory processes “linked to customers’ sustainable preferences.” These expectations correspond with one of the MFSA’s priorities “to increase awareness… Read More

February 11, 2025 @ 12:30 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced a change regarding rules enacted by the Commission during the Biden Administration that sought to target climate disclosure for reporting firms. As part of the controversial ESG initiatives launched by the previous Chairman of the SEC, Gary… Read More

November 14, 2024 @ 3:38 pm By Omar Faridi  |  

HKMA and multilateral organizations aim to enhance strategic partnership for climate investment in Asia. The Hong Kong Monetary Authority joined hands with multilateral organizations, including the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and International Finance Corporation (IFC), a member of the World… Read More

October 13, 2024 @ 8:57 pm By Omar Faridi  |  

PensionBee, a global enabler of the consumer retirement market, has reportedly achieved its highest-ever environmental, social, and governance (ESG) rating from EthiFinance, scoring 86/100 in their latest assessment report. The EthiFinance ESG Ratings, which aim to effectively evaluate firms on a scale from 0 to… Read More

September 4, 2024 @ 10:01 am By JD Alois  |  

The House Subcommittee on Oversight and Investigations, part of the House Financial Services Committee, has  scheduled a hearing entitled ” The Fall of ESG: Scrutinizing the Failed Use of Environmental, Social, & Governance Standards and the Influence of Proxy Advisors.” The hearing was initially scheduled for this past July… Read More

August 22, 2024 @ 12:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is pushing to demand Climate Disclosure mandates for public firms. Climate Disclosure is part of a broader ESG agenda – infusing regulation with a social agenda. Having approved new rules, the new mandate is now being challenged in the… Read More

August 2, 2024 @ 12:46 pm By JD Alois  |  

The House Financial Services Committee Republicans have posted a report on ESG entitled, “The Failure of ESG: An Examination of Environmental, Social and Governance Factors in the American Boardroom and Needed Reforms.” In recent years, ESG has infiltrated corporate America as well as the political… Read More

July 24, 2024 @ 1:24 pm By JD Alois  |  

The House Financial Services Committee has placed two more hearings of note on its calendar. First is a hearing on ESG, or Environmental, Social, and Governance—a buzzy word that took industry by storm only to recede as the nebulous concept emerged as a distracting political… Read More

July 24, 2024 @ 6:15 am By Omar Faridi  |  

American retail investors are significantly more likely to ignore ESG (environmental, social & governance) factors than consider them when investing, according to data from the latest Retail Investor Beat (RIB) from trading and investing platform eToro. In a study of 1,000 American retail investors, just… Read More

June 20, 2024 @ 2:02 pm By Michael Wong  |  

Xcelerate Pte Ltd, a global Environmental, Social, Governance, Risk, and Compliance (ESGRC) platform, has announced the acquisition of a strategic equity stake in Gieom Business Solutions, a financial service compliance provider. The deal, which was carried out through a combination of primary and secondary investments, aims… Read More

June 3, 2024 @ 6:44 am By Omar Faridi  |  

Richard Andrews, KPMG’s head of ESG for financial services, has recently commented on the UK Financial Conduct Authority’s (FCA) anti-greenwashing rules (AGR), which come into force recently. Andrews noted: “While we expect the FCA to take a pragmatic approach and give authorised firms some leeway… Read More

May 23, 2024 @ 6:22 am By Omar Faridi  |  

Kaspersky has released its new sustainability report for H2 2022 and 2023, revealing the key results of the company’s most recent sustainable development initiatives and projects. The report encompasses five strategic areas “identified as the company’s ESG priorities: safer cyberworld, future tech, safer planet, people… Read More

March 13, 2024 @ 3:52 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) has recognized the launch of the Canadian Sustainability Standards Board’s (CSSB) consultation on Canadian Sustainability Disclosure Standards. This has to do with climate disclosure. The CSA pointed to the fact that the US has recently added climate disclosure regulations, requiring… Read More

March 12, 2024 @ 9:39 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) adopted new climate disclosure requirements that align with the agency’s ESG ambitions [environmental, social, and governmental]. The new rules have been criticized by opponents as not aligning with the SEC’s mission while creating a situation where both… Read More

March 6, 2024 @ 3:52 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has adopted new climate disclosure rules that fall under the ESG sector [environmental, social, and governmental]. The new rules will require reporting companies to disclose their environmental impact, a process that is difficult to measure accurately and will vex… Read More

January 11, 2024 @ 5:16 pm By JD Alois  |  

The House Financial Services Committee has announced the Oversight and Investigations Subcommittee will hold a hearing entitled: “Oversight of the SEC’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles.” The hearing is scheduled to take place on Thursday, January 18, 2024, at 10 AM… Read More

October 27, 2023 @ 12:12 pm By Omar Faridi  |  

The Fitch index has reportedly given CaixaBank an ESG Entity Rating score of 2. This initiative in the sector is geared towards providing information and advisory services to foster the implementation of sustainability in companies and “support them in processes such as decarbonization and environmental… Read More

October 13, 2023 @ 2:22 pm By JD Alois  |  

Congressman James Comer, Chairman of the House Committee on Oversight and Accountability, may subpoena documents from the Securities and Exchange Commission (SEC), if the Commission does not provide information regarding their social agenda, which is deemed to be beyond the purview of the securities regulator…. Read More