U.S. Companies Delay Impact Reports with DEI, ESG Under Attack

U.S. companies delay impact reports with DEI, ESG under attack

NEW YORK, June 6 (Xinhua) -- Nike has joined a growing list of companies that includes JPMorgan Chase & Co., Constellation Brands Inc. and Akamai Technologies Inc. that are either canceling or delaying publication of their so-called sustainability or corporate impact reports for shareholders. Read full story

Corporate affairs pros in Europe, North America report increased ESG resistance

If you're a corporate affairs professional who's been feeling the ESG backlash, you're not alone. New research from Trellis data partner GlobeScan and the University of Oxford found that in Europe and North America, corporate affairs professionals say pushback against ESG has become more pronounced, with approximately half of respondents reporting increased resistance against this agenda in the past 12 months. At the same time, corporate affairs…

Individual Investors Are Polarized, Large Funds Are Not

Despite individual investors being strongly divided on environmental, social, and governance (ESG) issues, corporate policies are largely determined by large institutional investors that adopt predominantly moderate ESG stances. In new research, Nicola Persico and Enrichetta Ravina explore this disconnect by examining the mechanisms driving the moderate ESG positions of major financial institutions and investigating potential impacts of allowing…

Logon Opalesque Alternative Market Briefing

Have Esma and Trump upended selectors' ESG fund picks? From City Wire: Most fund managers know that it is a spell of bad performance that will result in a call from clients to say their fund is up for review. But ESG provides a special case. Asset managers stepping back from ESG commitments, f... Article link