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.
House Judiciary Chairman Jim Jordan is working on subpoenas for BlackRock and State Street.
Funds promoting ESG metrics had 2.3% of their holdings in fossil fuels at the end of the third quarter.
Long thought to portend a strong future for the style, the once-strong appetite for ESG among millennials and Gen Z has plummeted.
The committee chair, Jim Jordan, called the firms' responses to his ESG collusion investigation “inadequate.”
Nygren said some energy executives have told him that some ESG firms are re-engaging with oil and gas companies.
The billionaire investor told attendees of a global climate conference that profits still matter.
U.S. investments in ESG fell to $8.4 trillion last year from over $17 trillion two years ago.
Other sectors, such as AI, present some risks, they said.
ESG fund flows have showed signs of cooling against a backdrop of continued political attacks and disappointing returns.
States trying to punish companies for environmental policies could actually see costs rise.
A new guide sets standard definitions for key responsible investing terms.
The new certificate is designed to help financial professionals evaluate climate risks.
The tool combines climate risk projections with Bloomberg's company data.
Edward Jones discussed ways to better serve diverse clients at a recent conference.
Analysts at Barclays Plc say nature-related risks are being mispriced across sovereign bond markets.
The banks are major underwriters in the $4 trillion state and local debt market.
Global green bond sales are on track for the biggest year ever.
These influencers say they want to counter disinformation connecting reactors with potentially catastrophic disasters.