The SEC wants to prevent ESG funds from greenwashing. This comes just after Tesla was removed from the S&P 500 ESG Index
SEC Wants To Prevent ESG Funds From Greenwashing Following Tesla’s Removal From The S&P 500 ESG IndexThe U.S. Securities and Exchange Commission wants to prevent ESG funds from greenwashing. The SEC published a fact sheet with amendments calling for funds toThis news comes after Tesla wasfrom the S&P 500 ESG Index.
The SEC added that the rules and form amendments would enhance disclosure by the following three things: Generally requiring certain environmentally focused funds to disclose the greenhouse gas emissions associated with their portfolio investments. The SEC added that advisors who consider ESG factors would be required to “make generally similar disclosures in their brochures with respect to their consideration of ESG factors in the significant investment strategies or methods of analysis they pursue and report certain ESG information in their annual filings with the Commission.”The SEC wants particular ESG-focused funds to provide additional information about their strategies.
If Exxon and other companies had to produce their GHG impact, I doubt they would be included in an ESG fund — at least, without massive amounts of greenwashing.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
SEC's proposed ESG rule will leave small farms in the lurch, lawmakers from both parties sayA group of more than 100 Republicans and two vulnerable House Democrats is pressing the SEC to change course on a proposed ESG reporting rule.
Weiterlesen »
Breakingviews - HSBC’s jarring ESG message, Davos in spring: podcastThe bank’s head of responsible investing believes policymakers are exaggerating the financial risks of climate change. In this Viewsroom podcast, Breakingviews columnists discuss the ramifications of those remarks. Plus: The World Economic Forum is back, but the mood is dour.
Weiterlesen »
ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better – Mining Bitcoin NewsA recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate the world’s carbon emissions by 5.32%.
Weiterlesen »
SEC's proposed ESG rule will leave small farms in the lurch, lawmakers from both parties sayA group of more than 100 Republicans and two vulnerable House Democrats is pressing the SEC to change course on a proposed ESG reporting rule.
Weiterlesen »
Opinion | The ‘Stakeholder Capitalism’ War on the EnlightenmentFrom WSJopinion: Stakeholder capitalism imperils more than prosperity, it imperils democracy itself. ESG advocates would return society to the communal and stagnant world of the Dark Ages, write Phil Gramm and Mike Solon
Weiterlesen »
Breakingviews - HSBC’s jarring ESG message, Davos in spring: podcastThe bank’s head of responsible investing believes policymakers are exaggerating the financial risks of climate change. In this Viewsroom podcast, Breakingviews columnists discuss the ramifications of those remarks. Plus: The World Economic Forum is back, but the mood is dour.
Weiterlesen »