ESG backlash

Proliferation of projects has become 'unmanageable' but investors wary of reputational risk of exiting.

Group says litigation is a principal risk due to political environment in some regions, also notes reputational, staffing risks.

US investment giant bemoans ‘continued’ decline of quality of proposals in voting spotlight.

Investors are facing an increasing burden in terms of time and resources to meet their commitments to sustainability initiatives – but are the costs of leaving even higher?

Karl Racine, now a partner at Hogan Lovells, warns of chilling effect from antitrust investigations despite 'far overstated' nature.

'Overly specific proposals' also cited as reason for sharp decline in support for E and S resolutions at US AGMs.

Nathan Fabian talks to RI about the importance of investor collaboration and the need to be clearer about how different investors can navigate the road to net zero.

The latest developments in sustainable finance: IFoA says actuaries need to step up to improve climate scenario models; Border to Coast launches Just Transition engagement programme.

UK regulator working on investor sustainability preferences policy; BlackRock's Fink says he has dropped the use of the term ESG.

The latest developments in sustainable finance: 15% support for climate lobbying proposal at Toyota; ASIC tells firms to prepare to adopt ISSB standards.