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Showing 11 - 20 of 28 results for "Securities and Exchange Commission"

US regulator slaps US$25m penalty on DWS for greenwashing, AML

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an Anti-Money Laundering (AML) program for mutual funds it advised. ...

US regulator adopts tighter rules for ESG fund names

RACHEL ALEMBAKIS  |  THURSDAY, 21 SEP 2023  |  NEWS
The US Securities and Exchange Commission (SEC) has finalized a rule that requires investment funds that identify as being sustainable or ESG to have at least 80% of their value in securities that correspond to the name. The changes to the so-called ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... Alliance for Net Zero, Chair of the Climate Data Steering Committee, and former Chair of the US Securities and Exchange Commission, and Caroline Flammer, Professor of International and Public Affairs and of Climate at Columbia University, won the award ...

ASIC warns directors over sustainability disclosures

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
The Australian Securities and Exchange Commission (ASIC) has warned directors that they will continue to focus on the sustainability-related disclosure and governance practices of listed companies, managed funds, superannuation funds and green bonds. ...

US Dept of Labor green-lights ESG integration

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
... according to a rule change by the U.S. Department of Labor (DOL). The announcement comes as the Securities and Exchange Commission fines Goldman Sachs Asset Management over ESG research and how it was applied to certain investment products. The change ...

Industry reacts to ASIC greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
... Regulation (SFDR) regime has brought a level of regulation and definitions to products, and the US Securities and Exchange Commission (SEC) has recently proposed rules changes that would affect the reporting and disclosure of ESG investment products ...

US SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
The US Securities and Exchange Commission (SEC) has proposed a disclosure regime for ESG-related funds and advisers that would see funds disclose information on strategies, progress and achievement. The proposed changes would see the creation of three ...

CBA sees push to greater quantity, quality of climate risk reporting

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
... report by CBA's sustainable economics team, the bank noted that regulations including the US Securities and Exchange Commission (SEC)'s proposed climate reporting regime and the draft International Sustainability Standard Board (ISSB) could standardise ...

US SEC proposes rules for climate disclosure

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 MAR 2022  |  NEWS
... goals and transition plans and climate-related risk assessment under draft rules from the US Securities and Exchange Commission (SEC). As part of the proposed rules, companies will be required to provide Scope 1 and 2 emissions data and Scope 3 emissions ...

Franklin Templeton hires CalPERS exec for new global head of sustainability role

RACHEL ALEMBAKIS  |  MONDAY, 24 JAN 2022  |  NEWS
... brings experience in the international regulatory and policy arena. She served on the U.S. Securities and Exchange Commission's Investor Advisory Committee, the Public Company Accounting Oversight Board's Investor Advisory Group and the International ...