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Showing 1 - 10 of 28 results for "Securities and Exchange Commission"

Proposals against ESG, DEI to increase: Proxy advisor

MATT TOLEDO  |  THURSDAY, 15 MAY 2025  |  NEWS
... in favor. Another change for organisations operating in the US is that new guidance from the Securities and Exchange Commission in Staff Legal Bulletin No. 14M (CF) has made it easier for boards to block shareholder proposals on the basis of micromanagement ...

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025  |  NEWS
... "unfounded" and said it "firmly rejects" them. At the same time, both regulators in Europe and the Securities and Exchange Commission (SEC) in the US turned their attention to DWS. The asset manager settled a case brought by the SEC in 2023, paying $39.8 ...

SEC drops defence of climate disclosures rule

JAMIE WILLIAMSON  |  FRIDAY, 28 MAR 2025  |  NEWS
... though it did not include Scope 3 emissions reporting or the need to assess supply chains. The Securities and Exchange Commission (SEC) voted overnight on whether it would continue to defend the rule - which was implemented in March 2024 - in court ...

Google's DEI dump may tank ESG score

ROSE MARY PETRASS  |  MONDAY, 10 FEB 2025  |  NEWS
... 2025. It reached this goal in 2022, ahead of schedule. However, Alphabet's recent annual US Securities and Exchange Commission filing did not include its previous commitment to make DEI "part of everything we do and to growing a workforce that is ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024  |  NEWS
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... European Union's Corporate Sustainability Reporting Directive (CSRD), and the United States Securities and Exchange Commission (US SEC). Questions have centred on whether inbound Australian subsidiaries of international groups should report locally ...

RIAA launches Sustainability Classifications Initiative

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... Finance Disclosure Regulation (SFDR) Article 8, UK Financial Conduct Authority (FCA), and US Securities and Exchange Commission (SEC). The new certification is designed to "build trust in the marketplace," said Hamish Chamberlayne, head of global equities ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... service. It projects that nearly one-third of task hours could be automated by 2030. But, as US Securities and Exchange Commission chair Gary Gensler recently highlighted, while new technologies often generate buzz, they may also give rise to false claims ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... sensationalised by the media and that more firms are joining than are leaving. This comes as the US Securities and Exchange Commission (SEC) on Wednesday voted 3-2 in favour of climate disclosure, excluding Scope 3 emissions, in an outcome labelled as ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... BlackRock declined to comment. BlackRock has previously disclosed ESG risk factors in its US Securities and Exchange Commission (SEC) reports. BlackRock's latest Form 10-K annual report filing with the SEC lists increased regulatory focus and uncertainty ...
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