The coming climate litigation landslide for many companies

Here’s a note from Joel Makower about his GreenBiz article: There’s a rising tide of climate and ESG litigation — and an increasing amount of it is aimed at companies. And it’s not just oil and gas companies — there’s an increasing number of claims focus on financial risks, fiduciary duties and corporate due diligence,…

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Sustainability is not somebody else’s cross to bear

Here’s this note by Mark McElroy that reacts to this George Will opinion piece in the Washington Post: When will the latter day Milton Friedmans of the world get it through their thick skulls that sustainability is not about the dubious imposition of social activism on businesses as their critiques so often suggest? Frankly, I…

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Should companies report on their Scope 3 emissions?

Here’s a note from Raz Godelnik about this article: I agree with BlackRock’s Larry Fink that investors shouldn’t act as the environmental police. It’s not their role. However, I find it troubling that the reason he says it is because he doesn’t seem to believe that companies need to be required to report on scope…

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An ESG survey of 1000 investors

Here’s a note from Waheed Hassan about this report: Download our latest report on Capital Group’s 2022 ESG Global Study, a survey of +1,000 investors with over $32T AUM. The report provides insights into investors’ ESG adoption and key focus areas.

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Do corporate social media policies need updating?

Here’s a note from Alison Taylor about this Thomson Reuters article: The question of what employee speech to allow and promote has become fraught. Should employees be allowed to say what they like on social media? What if it’s a topic the company has a position on? What if they are in senior leadership and…

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A comment letter on the SEC’s proposed climate disclosure rule

Here’s a note from Bob Eccles about this comment letter sent to the SEC about it’s proposed climate disclosure rulemaking (also see this comment letter from 15 former senior SEC officials that argues against the notion that the SEC never had the authority to mandate climate disclosure rules, as described in this note from Shiva…

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The need for a real debate…

Here’s a note from Tariq Fancy: Ten months ago I published a three-part essay entitled The Secret Diary of a ‘Sustainable Investor’ that went viral. In it I questioned the current consensus on ESG issues, calling today’s approach a “dangerous placebo that harms the public interest.” Having previously served as BlackRock’s first Chief Investment Officer…

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How institutional investors consider DEI when investing

– Investors are seeking more DEI information – and actions – from companies at an accelerating clip. – Investors vary widely about how they define diversity. Aon conducted this survey about how institutional investors think about diversity (gender, race, LGBTQ, etc.) in their investment portfolios. The report examines the potential challenges associated with diverse investing…

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