Hints and tips:
Related Special Reports
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...The EU’s move comes as it imposes new scrutiny on the iPhone maker, particularly over the company’s $85bn-a-year services business....
...Get rid of the utilities and Berkshire gets rid of some terrible legal headaches and environmental risks, but gets a massive reinvestment risk in return (though you know what industry requires gobs of capital...
...The challenge to Fink’s dual role comes as BlackRock has been under fire from multiple directions over its use of environmental, social and governance factors in investing....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...Pension funds in Europe have traditionally excluded defence stocks, which generally fall foul of environmental, social and governance (ESG) filters....
...However, it has come under criticism from progressives for pulling out of one of the highest-profile climate alliances, and faced allegations of greenwashing from Australian regulators....
...European investor allocations to environmental, social and governance exchange traded funds slowed down in the first quarter of 2024 as the sector endures an “existential crisis”, Morningstar research shows...
...The 71-year-old head of the world’s largest money manager has been singled out by conservatives and fringe groups as part of a backlash against BlackRock’s use of investing based on environmental, social...
...Among the most contentious are looser environmental rules for farmers, write Andy Bounds and Alice Hancock....
...They have criticised BlackRock and others for using their influence and votes on shareholder issues to press companies to consider environmental, social and governance matters....
...A proposed law announced this week would allow security services to shoot brown bears within a 500-metre radius of a settlement....
...BlackRock has been trying to respond to the campaign against environmental, social and governance factors in different ways. In Washington it added a senior lobbyist with Republican ties....
...Geico, meanwhile, has ceded market share in recent years, with analysts saying it has been slower than some rivals such as Ohio-based Progressive to adopt technology that is changing how motor insurance...
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...“The UAE and Saudi Arabia are some of the most progressive markets in their mindset right now,” Biz2Credit’s Arora said....
...The measures are also designed to help achieve a “progressive alignment of ISR portfolios with the [2015] Paris Agreement”, it added....
...Launches of funds claiming environmental, social or governance attributes all but dried up in the past six months, as investors baulked at increased scrutiny of sustainability claims by companies and asset...
...And they do own one service that might provide an answer, but it's complicated. As a seller, they've not done a single thing for me....
...Brunswick, which reported revenues of £413mn in 2022, has diversified from its traditional public and media relations work into areas such as investor relations; regulation; environmental, social and governance...
...US asset managers have faced a backlash against environmental, social and governance investing policies from Republican politicians, prompting some prominent investors to scale back action on climate issues...
...“We will continue to move forward in the energy transition at a speed our customers can afford and at a pace that allows us to maintain reliable service for our customers.”...
...The firm’s assets have begun rising again, but it has come under sustained political fire from both the left and right over its use of environmental, social and governance factors in investing....
...Financial services groups have long complained that the SEC’s use of in-house administrative law judges, in some enforcement cases, essentially allows it to act as both prosecutor and judge....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
International Edition