Banks face growing pressure from regulators to slash their financed emissions.
Trying to meet clients' desire to "do good" while investing often runs into gray areas, they say.
The lawsuit is part of an ongoing GOP campaign against ESG initiatives.
There's now some concern that Nvidia may end up a victim of its own success.
Pimco joins JPMorgan Chase, State Street and BlackRock in a capital flight from an ESG coalition.
A net $4.3 billion was pulled last year from ESG-focused ETFs in the U.S.
The company's ESG-related assets under management swelled 53% from the start of 2022 to the end of last year.
Lower interest rates will increase positive returns in the sector, deVere Group CEO Nigel Green said.
Not all corners of the green investing world delivered losses last year.
Best practices to promote growth should be embedded in advisory firms, EY says in a new report.
Investors redeemed roughly $13 billion from U.S.-based ESG funds in 2023.
Active funds in the sector saw the steepest outflows, according to Morningstar.
A large chunk of last year's losses stemmed from “relentless” thunderstorm activity, according to Aon.
The DEI and ESG movements are well-intentioned, but executing on the vision has always been a problem.
A study of asset managers found the two firms consistently blocked green resolutions.
The SEC has yet to finish a mandate for public companies to disclose their environmental footprints.
Researchers also said confusion persists about what exactly constitutes an ESG fund.
7RCC Global is proposing a fund that would invest in bitcoin and carbon-credit futures.
The firm offers loans to businesses that are initiating positive changes in the community.
Bank financing for both fossil fuels and low-carbon energy actually declined in 2022.