Goldman Sachs Warns ESG Investors Against Rushing To Divest From Oil And Gas

zerohedge.com Goldman Sachs Warns ESG Investors Against Rushing To Divest From Oil And Gas Authored by Tsvetana Paraskova via OilPrice.com, Investors focused on the ESG rush to divest…

Potential Solutions to the Carbon Credit Problem

newsweek.com Climate once again was thrust onto the national and international scene when U.S. President Joe Biden vetoed "a Republican proposal to prevent pension fund managers from…

Eldorado Gold latest miner to shore up flagging equity financing market

theglobeandmail.com Mining continues to prop up Canada’s otherwise moribund equity financing market, with Eldorado Gold Corp. ELD-T the latest to throw Bay Street a bone. Vancouver-based…

Not So Fast... Energy Transition Trips Over Security Concerns

forbes.com Environmental, social and governance (ESG) initiatives got a much-needed smackdown at the annual shareholder meetings of top Western oil and gas companies this year, a sign…

BDO ESG Awards to put the spotlight on industry best practice, recognising companies striving to reach net zero

scmp.com Climate change is one of the most pressing challenges facing the world today. The need to reduce carbon emissions was high on the agenda at the recent meeting of world…

Sunday links: the best reading strategy

abnormalreturns.com Markets The stock market hates rising inflation. (mrzepczynski.blogspot.com) The 60/40 portfolio was supposed to be dead. (marketwatch.com) Strategy Owning an index means…

American Airlines Pilot Sues Over "Leftist" Pension Plan

onemileatatime.com As flagged by PYOK, an American Airlines pilot is suing the airline because… the company’s pension plan is too “woke?” Bryan Spence, a senior American Airlines pilot and US…

Don’t Take Financial Advice From Ron DeSantis

politico.com The core of this policy strikes at what goes on balance sheets and how we value things. Are environmental concerns, social well-being and good government assets or…

Hong Kong takes new step to promote ESG agenda to reluctant and wary small business owners

scmp.com Hong Kong wants the city’s small and medium-sized enterprises to embrace the ESG agenda to better compete in the global market. Reluctant business owners see it as an…

Conservatives' Boycotts Wipe Off Billions From Target And Bud Light Valuations, More Brand Battles Upcoming

zerohedge.com Conservatives' Boycotts Wipe Off Billions From Target And Bud Light Valuations, More Brand Battles Upcoming Authored by Naveen Athrappully via The Epoch Times (emphasis…

The bull case for Saudi Arabia stocks is growing, but risks remain

cnbc.com There's a burgeoning bull case for Saudi Arabia stocks. The iShares MSCI Saudi Arabia ETF (KSA) is up more than 8% year to date and almost 20% over a three-year period. By…

Tying executive compensation to ESG metrics is pointless and ridiculous

theglobeandmail.com Gus Carlson is a U.S.-based columnist for The Globe and Mail. As virtue signals go, environmental, social and governance (ESG) initiatives are a popular and noisy bandwagon…

ESG Movement Fails at the Scene of Its Greatest Triumph

wsj.com The so-called ESG movement has had a very disappointing week, and that’s great news for the world economy and human flourishing. “Environmental, social and governance”…

Elon Musk Takes a Stand on Target Boycott

thestreet.com The new culture war between conservatives and progressives in recent weeks has moved to the corporate arena. Conservatives blame companies for bowing to the dictates of…

Elon Musk Warns Target About Its Support for LGBTQ+

thestreet.com The new culture war between conservatives and progressives in recent weeks has moved to the corporate arena. Conservatives blame companies for bowing to the dictates of…

Climate activists need a new strategy

semafor.com The News The overwhelming rejection of shareholder proposals urging ExxonMobil and Chevron to better report and reduce their carbon emissions capped off a dismal run for…

Lego to other Vietnam producers: Stop chasing cheapest cost

asia.nikkei.com HO CHI MINH CITY -- Factories relocating to Vietnam must stop putting profit before the environment, Danish toymaker Lego said, as the supply-chain shift from China…

Seattle Amazon Employees Protest Returning To The Office Due To "Climate Change"

zerohedge.com Seattle Amazon Employees Protest Returning To The Office Due To "Climate Change" Amazon employees protested by the hundreds during a lunchtime demonstration in Seattle on…

The OG of ESGs

npr.org Decades before the current debate about ESG and "woke capitalism," there was a guy on Wall Street investing money on behalf of nuns and labor unions. He's known today as one…

Lessons From 1999 Market Mania

forbes.com Market divergences can lead investors to chase high flying stocks at a peak. As we wrap up May, we find that key market indices are moving in opposite directions. While the…

Exxon and Chevron investors shoot down climate proposals after a year a record profits

businessinsider.com Investors concerned about the climate crisis have been pushing major oil and gas companies to reduce emissions. Reed Saxon/Associated Press Investors shot down proposals…

Family Offices Are Making Major Changes to Their Investment Portfolios, UBS Report Finds

barrons.com Family offices are planning big changes to their investment strategies as an era of low inflation comes to an end and the Covid pandemic fades into the rearview, according…

ESG Roundup: Market Talk

wsj.com Gain insight on the Ford Foundation, Exxon Mobil’s rejection of ESG measures, and more in the latest Market Talks covering ESG Impact Investing.

Governments must speed up mine permits to meet transition needs, Teck Resources CEO says

theglobeandmail.com Governments need to speed up permitting of new mines to boost their chances to meet a surge in demand for minerals vital to feed the clean energy transition, Teck Resources…

Everyone Hates Plastics, Even Wall Street. But Maybe Not For Long

forbes.com The late great comedian George Carlin once said that perhaps the reason why humanity was brought to earth by an all-powerful God was because he needed plastics, didn’t know…

EU watchdogs see greenwashing across the bloc’s financial sector

theglobeandmail.com Banks, insurers and investment firms across the European Union have made “misleading claims” about their sustainability credentials to investors, EU watchdogs said in…

UPDATE 1-AES Brasil CEO quits to lead Vibra's ESG-focused department

yahoo.com The top executive of AES Brasil is leaving the power firm to take on a newly created senior role for renewable energy and other environmental and social issues at fuel…

Target Is the Latest Proof

newsweek.com "I think those are just good business decisions, and it's the right thing for society, and it's the great thing for our brand." That's how Target CEO Brian Cornell described…

CEO Of Top Carbon Credit Certifier Steps Down After Report Finds "Phantom Credits"

zerohedge.com CEO Of Top Carbon Credit Certifier Steps Down After Report Finds "Phantom Credits" Four months after The Guardian and other European media outlets revealed the world's…

Measurabl, an ESG platform for real estate, raises $93M

techcrunch.com Measurabl, a startup developing a platform for environmental, social and governance (ESG) data in the real estate space, today announced that it raised $93 million in a…

Bud Light's Sales Implosion, Explained (By Mises)

zerohedge.com Bud Light's Sales Implosion, Explained (By Mises) Authored by John Miltimore via The American Institute for Economic Research, I stopped drinking Bud Light decades ago, so…

San Diego-based Measurabl, which makes carbon footprint management tools for properties, raised a $93M Series D led by Energy Impact Partners and Sway Ventures

sandiegouniontribune.com San Diego startup Measurabl, which makes software to help measure and manage the carbon footprint of properties, has landed $93 million in a fourth round of venture capital.…

Cigarette Giant Working To Rebrand Nicotine As Healthy, Eco-Friendly Investment

thestreet.com In the 1940s, it was not uncommon to see cigarette ads featuring a smoking doctor or claiming to be "natural" to the clean mountain landscape. As research on the harms of…

Delta faces a class action lawsuit over its climate commitments

theverge.com Delta Air Lines misled customers with its sustainability claims, a new class action lawsuit alleges. The suit was filed in California yesterday and seeks damages for any…

Barracuda Email Security Gateways bitten by data thieves

theregister.com A critical remote command injection vulnerability in some Barracuda Network devices that the vendor patched 11 days ago has been exploited by miscreants – for at least the…

Marlboro as an ESG investment? CEO tells FT that’s his goal

cnn.com Big Tobacco is reportedly positioning itself as a socially conscious investment. The CEO of Philip Morris International told the Financial Times he believes investors who…

Trinseo's Dip, Has Something Changed Or Is It Just A Down Cycle

marketbeat.com Shares of Trinseo NYSE: TSE have suffered a bearish spell since their initial decline in March 2021, where the stock traded at nearly $76 per share. Today, after an 83.5%…

How To Create Resilience for Sustainable and Inclusive Growth

newsweek.com Resilience in the 21st century requires us to meticulously prepare for any contingencies of our increasingly complex world. It is not enough to be reactive. At any moment,…

Council Post: Align Your Capital With Your Personal Values

forbes.com Cynthia Dalagelis is the SVP of ESG and Impact Investments at Amalgamated Bank. What are your values and how do they show up in your life, in your relationships, your work,…

Louisa Paul: Venue analytics to source the best liquidity

thetradenews.com What are the key themes you’ve seen in the equity markets over the past year, and how are the twin challenges of inflation and interest rates impacting your job today? We’ve…

CEOs Are Earning Big Bucks for Hitting ESG Goals. Just Another Pay Raise?

barrons.com Companies like Chipotle are rewarding CEOs for hitting ESG targets. The jury is out on whether it has an impact on people or the planet.

ESG investors push international firms to rethink Myanmar projects

nikkei.com YANGON/BANGKOK -- Pressure from investors concerned about environmental, social and corporate governance (ESG) issues, coupled with U.S. and European Union sanctions, is…

Investors push foreign investors to rethink Myanmar projects

nikkei.com YANGON/BANGKOK -- Pressure from investors concerned about environmental, social and corporate governance (ESG) issues, coupled with U.S. and European Union sanctions, is…

Philip Morris Dreams of Becoming an ESG Stock

thedailyupside.com The company behind Marlboro cigarettes wants you — and more importantly, investors — to know they’re gonna be better cowboys. Philip Morris International CEO Jacek Olczak…

European Union Announces ESG Disclosure Website By 2027. U.S. May Follow

forbes.com The European Union announced that a provisional agreement has been reached to establish a European Single Access Point (ESAP) to place all European corporate disclosures,…

Why Are Institutional Investors Bullish on Stocks Through 2024?

institutionalinvestor.com The world’s emergence from a historic pandemic hasn’t been a panacea for economic growth or stability. With war still raging in Ukraine, China-U.S. relations still…

Supply Chain: Planning For Water Logistics Constraints

forbes.com On March 23rd, 2021, supply chain issues became headline news when the Ever Given, a 20,000 TEU container ship, blocked the Suez Canal. Over the past two years, the supply…

Delta Air Lines faces lawsuit over $1bn carbon neutrality claim

theguardian.com Delta Air Lines is facing a lawsuit over its $1bn carbon neutrality claim which plaintiffs say is “false and misleading” as it relies on offsets that do little to mitigate…

‘Chick-fil-A Has Gone Woke’: Right-Wingers Vent on Twitter After Fast Food Chain Salutes Diversity and Inclusion

mediaite.com Phelan M. Ebenhack via AP Numerous Right-wing political observers went after Chick-fil-A after the chicken sandwich chain announced its renewed commitment to publicly…

Opinion: California teaches Florida and Texas harsh public policy lesson

siliconvalley.com Back in 2015 when California had the seventh-largest economy in the world, outperforming the rest of the US, economist Irena Asmundson attributed her native state’s…

Six Ways Technology Can Help Maneuver Market Volatility

forbes.com Clint Coghill co-founded Backstop Solutions Group in 2003 and now leads the Backstop Executive Team as CEO. Rising interest rates, elevated financial market volatility and…

Beware the guide for investors to avoid firms that put politics over looking after your money

nypost.com Investors thought they had reason to celebrate: A new report scores Wall Street firms on whether they put politics over their clients’ financial interests, and many firms…

Kohl’s ESG Report Shows Focus On LGBTQ+ Pride Support

forbes.com Clothing retailer Kohl’s is the latest company to draw conservative backlash for LGBTQ+ Pride support. Like Target , Kohl’s 2022 ESG Report shows a clear focus on supporting…

Bitcoin network emissions reportedly hit all-time low, outpacing other industries in reduction

cryptoslate.com Quick Take For the first time, the Bitcoin network has dropped below 300 g/KWh emissions, according to Daniel Batten, a Bitcoin ESG analyst. Daniel Batten states this is an…

Bitcoin mining emissions hit all time low

batcoinz.com We are at an inflection point in Bitcoin mining history. Policy decisions made now will have far-reaching consequences. So it is more important than ever that these…

Lloyd's Becomes Latest Firm To Exit UN's Net-Zero Alliance

zerohedge.com Lloyd's Becomes Latest Firm To Exit UN's Net-Zero Alliance Authored by Naveen Anthrapully via The Epoch Times, Insurance company Lloyd’s of London has announced its exit…

Like Target, Walmart’s ESG Report Focuses On LGBTQ+ Pride Issues

forbes.com Target recently drew the ire of conservatives for LGBTQ+ Pride merchandise. As this action has been speculated to be the result of ESG influence, it is worth looking at…