December 21, 2022 | Daily Business Review
ESG Fund Downgrades Spark EU Investor Group ComplaintSome of the world's biggest asset managers spent the past several weeks removing the European Union's top environmental, social and governance investing designation from funds in response to stricter guidance from the EU Commission.
By Frances Schwartzkopff
4 minute read
October 24, 2022 | Daily Business Review
New ESG Fund Numbers Plunge Amid Crackdown on GreenwashingRegulators in the EU, U.K. and U.S. are investigating environmental, social and governance funds amid growing concerns that asset managers keen to sell products are promising more than they can deliver.
By Frances Schwartzkopff
3 minute read
August 22, 2022 | Daily Business Review
ESG Confusion Prompts Watchdog's Demand for Rethink of RulesConcerns that investors are misinterpreting existing rules come as ESG increasingly finds itself a magnet for criticism.
By Frances Schwartzkopff
4 minute read
June 28, 2022 | Daily Business Review
Microsoft Investors File Resolution Targeting Tax PracticesInvestors managing more than $350 billion in total filed a resolution demanding that Microsoft disclose its tax and financial information on a country-by-country basis.
By Frances Schwartzkopff
4 minute read
June 13, 2022 | Daily Business Review
ESG Fund Bosses Hit by 'Reckoning' as Goldman, DWS in CrosshairsU.S. Securities and Exchange Commission officials are trying to ascertain whether some Goldman Sachs' mutual-fund investments are in breach of environmental, social and governance metrics promised in marketing materials.
By Frances Schwartzkopff
5 minute read