Andy Behar News Today

ESG ratings have taken a hit amid the controversy of tobacco companies outperforming Tesla, but it has little meaning to funds and investors.

If your investment guidance amid the Bud Light ad fiasco is 'go woke, go broke,' I have some difficult news for you: You use ESG.

State Street is expanding its proxy-voting choice program, which will apply to institutional shares of its index funds and some of its ETFs.

19 states allege consumer fraud; Michigan bill would ban public retirement systems from ESG investing

The thorny truth about socially responsible investing, ESG, and divestment.

Engine No. 1’s victory in a boardroom battle with ExxonMobil is taking ESG investing to the next level.

Another thing to consider when comparing ESG ratings is materiality. "Material ESG issues are the ones which will cause a company a financial penalty if not handled correctly," said Jon Hale, head of sustainability research for the Americas at Morningstar. "A typical sustainable fund may avoid investing in companies that dont rate highly on their handling of ESG issues, but the focus is on which issues are material to a particular company." For example, he said, material issues for Exxon includ...

A $7 trillion climate change warning to the stock market from its biggest shareholder CNBC 12/13/2020 Eric Rosenbaum BlackRock, which has significant influence on proxy battles against corporations, signalled this week it would support more shareholder resolutions on issues including climate change. The worlds biggest investor has been criticized in the past for not following the words of its CEO Larry Fink, who has said climate will "fundamentally reshape finance," with enoug...