Articles by Ross Kerber

Investors Say U.S. SEC Climate Disclosure Rule to Clarify ‘Mixed Bag’ of Data

Investors, including several who run environmentally focused funds, welcomed the U.S. government’s proposed new rule on corporate disclosure of climate-related risks and emissions, saying it would standardize reports that now are voluntary and vary widely in quality and breadth. The …

Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock

GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds, BlackRock Inc …

Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change

A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the talks will lead to changes needed for business to play a bigger role in tackling climate change. The business observers …

SEC Makes It Easier for Shareholders to Get Votes on Social Issue Proposals

The U.S. Securities and Exchange Commission on Wednesday published new staff guidance that may make it harder for corporations to keep shareholder proposals on matters like workforce diversity or climate from being voted on at annual meetings. The new bulletins …

Allstate Among Large Firms Linking CEO Pay to Diversity Gains

Corporate diversity has become the most common type of sustainability metric used in setting executive pay, a new study found, as companies look to increase the share of women and minorities in their workforces. Among 61 metrics used by Fortune …

50 Investors Urge Ethical Development of Facial Recognition Technology

A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way. The investor …

Insurers, Other Financial Firms Lag in Climate Disclosure for Investors

The world’s banks, asset managers and insurers should provide more information to investors about the greenhouse gas emissions from the activities they finance, a group that tracks emissions data said on Wednesday. CDP, which maintains a system used by hundreds …

Analysis: SEC’s Crackdown on Climate Risk Disclosure Easier Said Than Done

With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead investors over climate change risks, but that may be easier said than done, more than a dozen attorneys and former …

Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists

Even women who make it to the top ranks of U.S. corporations face a persistent pay gap compared with men in leadership roles, a new study of corporate filings found. Among companies in the Russell 3000 index, covering most of …

Employers Asked to Reveal Data to Test Their Diversity Pledges

More data disclosure will help investors, employees and customers judge the pledges many American companies have made to diversify their workforces and boardrooms, activists and analysts said on Tuesday. Companies should release specific information such as on the racial backgrounds …