Tag: economy and society

  • Economy and Society: Responses to ESG-disclosure rules

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. Responses to ESG-disclosure rules  As discussion continues about the Labor Department’s ERISA…

  • Economy and Society: Bank of America warns regulatory scrutiny could halt ESG growth

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. FINRA Chair joins the regulatory chorus On November 3, CNBC released an…

  • Economy and Society: Opponents respond to proposed Labor Department ESG rule

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. ESG opponents offer arguments against proposed Labor Department rule The Biden Labor…

  • Economy and Society: Labor Department rule makes ESG investing in 401(k) plans easier

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. Labor Department rule makes ESG investing in 401(k) plans easier  As was…

  • Economy and Society: SEC Chairman issues another warning to fund managers

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    ESG Developments This Week In Washington, D.C. SEC Chairman Gensler testimony on crypto, disclosure, and more On September 14, Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the Senate Committee on Banking, Housing, and Urban Affairs, covering several topics related to ESG investing. First, he discussed the SEC’s interest in regulating crypto-currencies and…

  • Economy and Society: JP Morgan decides all financial instruments should be ESG-compliant

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    ESG Developments This Week In Washington, D.C., and around the world Saudi sovereign wealth fund reportedly seeking ESG framework, redux In the July 21 edition of this newsletter, we noted that the Saudi “sovereign wealth fund reportedly has begun the process of developing ESG reporting standards that will, presumably, allow it to raise greater funds…

  • Economy and Society: Regulatory scrutiny over ESG-related sustainability claims intensifies

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    ESG Developments This Week In Washington, D.C., and around the world Regulatory scrutiny over ESG-related sustainability claims intensifies As was noted in last week’s newsletter, the SEC is investigating DWS (the asset management arm of Deutsche Bank) for alleged ESG-related fraud—claims DWS rejects. Many ESG observers believe that the DWS probe is the beginning of…

  • Economy and Society: SEC probes Deutsche Bank’s DSW sustainability claims

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    ESG Developments This Week In Washington, D.C. SEC, Justice Department probe Deutsche Bank’s DSW sustainability claims In the August 3, 2021, edition of this newsletter, we noted that Deutsche Bank and its asset management arm, DSW, were the subject of criticism by a former director of sustainability, Desiree Fixler, who had recently left the firm…

  • Economy and Society: SEC weighing human capital disclosures

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    ESG Developments This Week In Washington, D.C., and around the world SEC weighing human capital disclosures  On August 18, SEC Chairman Gary Gensler tweeted to explain to investors, asset managers, and corporations what is next on the SEC’s ESG agenda. He wrote: “Investors want to better understand one of the most critical assets of a…

  • Economy and Society: SEC approves Nasdaq board-diversity proposal

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    ESG Developments This Week In Washington, D.C. The SEC and diversity On Friday, August 6, the Securities and Exchange Commission approved a plan set forth by the Nasdaq stock exchange to promote diversity among the companies it lists. Late last year, Nasdaq suggested that all listed companies would either have to have underrepresented minority groups…