Norway’s $1.35 Trillion Wealth Fund: We Won’t Back Boards Who Fail on Climate February 13, 2023 By Victoria Klesty and Gwladys Fouche Norway’s $1.35 trillion wealth fund will step up its engagement with companies over their management of climate risk by voting...
EU Lawmakers Want to Extend Reach of Draft ESG Oversight of Corporations February 10, 2023 By Huw Jones A panel of European Union lawmakers on Thursday backed an amendment to extend the reach of groundbreaking draft legislation to...
A Class-Action Wave Is Coming for ESG Claims January 25, 2023 By Tim Quinson Lawyers are bracing for an increase in ESG-related cases as corporate disclosure requirements stiffen around the world. A survey by...
Environmental, Social and Governance Credit Risks to Rise in 2023: Moody’s January 10, 2023 By Juliette Portala Economic and political turbulence caused by the COVID-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental,...
Major Institutional Investors Ask Glencore to Justify Thermal Coal Development January 6, 2023 By Melanie Burton International investors with $2.2 trillion in assets will ask commodity giant Glencore Plc to show how its development of thermal...
Fund Managers Frustrated Over Confusing ESG Regulations December 20, 2022 By Greg Ritchie, Steven Arons and Natasha White After a turbulent few weeks during which some of the world’s biggest asset managers removed coveted ESG tags from huge...
Biodiversity Emerges as New Risk for Asset Managers After UN Summit December 20, 2022 By Alastair Marsh Fund managers who haven’t cared about biodiversity may soon find they have to. In the early hours of Monday in...
D&O Buyers See More Capacity, Competitive Conditions, but Risk Factors Loom: Allianz December 15, 2022 By L.S. Howard Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions,...
Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard December 14, 2022 By L.S. Howard As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet...
Risk Managers Want More Involvement in Organizational ESG Strategy: WTW Survey December 1, 2022 More than half of risk managers are significantly involved in their organization’s environmental, social and governance (ESG) efforts, but 77%...