The DOL Strikes Again; Proxy Rules Could Chill ESG Engagement Efforts
The U.S. Department of Labor issued new proposed rules regarding proxy voting by private employer-sponsored […]
Government
Luxembourg Becomes First European Country to Launch Sustainability Bond Framework
The Luxembourg Ministry of Finance announced that the country has launched a ne sustainability bond […]
Sweden’s Inaugural Green Bond Issue Raises $2.3 Billion to Strong Demand
The Swedish National Debt Office announced that Sweden’s first green bond issue, raising SEK 20 […]
California Passes Bill Mandating Board Diversity
The California legislature has passed a bill aimed at addressing the lack of diversity on […]
UK to Require Pension Schemes to Disclose Climate Risk
UK Secretary of State for Work and Pensions, Thérèse Coffey unveiled plans for new climate […]
US Senate Democrats’ Climate Report Calls for Net Zero Emissions in US by 2050, And For Action From SEC and Fed
United States Senate Democrats have issued a wide-ranging report on climate action, calling on Congress […]
Germany Publishes Green Federal Securities Framework, Enabling Inaugural Green Bond Issue
The Federal Republic of Germany has published its first framework for Green German Federal Securities, […]
Senator Urges SEC Action on Climate Disclosure
In an open letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, Senate Banking […]
Pension Funds Call on UK to Ban Sales of Fossil-Fuel Powered Cars by 2025
The Local Authority Pension Fund Forum (LAPFF), representing a group of UK pension funds with […]
DOL Denies Requests for Extensions, Hearings on New ESG Rule
The U.S. Department of Labor has officially denied requests for an extension of the comment […]