The Latest Breaking News from ESG

On January 2, Kentucky State Treasurer Allison Ball (R) issued a statement notifying 11 banks that their ESG policies amounted to energy boycotts that harmed the state’s economy according to definitions passed into law last spring. The statement says the banks have 90 days to stop what Kentucky argues are…

From state treasurers divesting pension and operating funds from BlackRock and other ESG providers to state attorneys general investigating the same providers over the impact of ESG on assorted policy matters, state officials led the pushback against environmental, social, and corporate governance investing in 2022.

Devastating extreme weather events show the necessity of investing in adaptation.

It’s been a tough couple weeks for BlackRock Inc., the world’s largest money manager, which endured fresh blows from Republican officials sharply critical of ESG.

They want companies to stay out of politics.

How should companies reframe ESG initiatives amid controversy? These executives offer their strategies.

Last week, the state of Florida, at the direction of Governor Ron DeSantis (R) and State Chief Financial Officer (CFO) Jimmy Patronis, became the latest state to divest funds from BlackRock over its sustainability and ESG policies:

For leaders, it’s imperative to find a way to integrate their organization’s mission, sustainability, and social impact strategies in a unified way.

With a proposed SEC climate-related disclosure rule emerging, companies are being increasingly challenged by regulators—as well as investors and society—to enhance their sustainability reporting and disclosure.