Greenpro Capital Soars on Green Token Launch: A Wild Ride in ESG Investing
Greenpro Capital Soars on Green Token Launch: A Wild Ride in ESG Investing
ESG
EXCLUSIVE: It’s not just DEI—corporate ESG initiatives are under threat in the Trump era and 80% of companies say they’re adjusting their policies
DEI may be getting all the attention these days, but another acronym is also facing pushback. Corporate environmental, social, and governance (ESG) initiatives have been the target of increased public and political scrutiny over the past few years, but efforts have intensified during the second Trump administration. Approximately 80% of companies are adjusting their ESG … Read more
Companies should resist pressures, stick to ESG commitments: DBS’ Tan
Companies that have pledged to support ESG and DEI initiatives should stick to their commitments and not be swayed by political developments, the incoming CEO of Singapore’s DBS Group said. “Leadership is about being responsible, not saying one thing and doing another … If you’ve committed your organization to reducing your carbon footprint and you … Read more
State Street loses £28bn of assets to Amundi and Invesco over ESG goals
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the UK’s largest pension funds has pulled £28bn from State Street, in a high-profile example of an asset owner pushing back against the retreat from ESG among the biggest US asset managers. After … Read more
American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. A US federal court has ruled that American Airlines has failed workers by picking BlackRock to manage part of its pension scheme, with a judge claiming the world’s largest asset manager was tainted by “ESG … Read more