From initial public offerings of electric vehicles to environmental, social and government funds, the possibilities in climate-related investments seem endless. Still, a troubling trend is emerging involving state and local governments’ blanket obligations and their legal climate activism. The same jurisdictions that are suing energy companies for alleged damages due to climate change also state … Read more
High on Life: The Final PreviewIGNSee full coverage on Google News
Some investments are suitable for the timid, others for the greedy. US energy stocks may be a rare fit for both. The sector is an inflation hedge and also has home-grown growth potential if freed from shareholder-imposed mandates to comply with environmental, social and governance constraints. Energy stocks should continue to outperform as capital rotates … Read more
Capital markets Kenya up two places in Absa market index on ESG reporting Friday, October 14, 2022 Kenya has jumped two places in the annual Absa Financial Markets Index, helped by the improvement in environmental, social and governance (ESG) reporting in the financial sector. Absa said in the index report published on Thursday that improving … Read more
Don’t believe it when companies tout social activism as a benefit to shareholders.
Larry Fink can’t catch a break. He is chairman and CEO of BlackRock, the largest investment manager in the world with $8.5 trillion in assets under management. In the fight for sustainable investment and the spread of environmental, social and government policies across Wall Street, both sides are gunning for him. Red-headed state governors and … Read more
The unemployment rate was 3.5% in July, the same as in February 2020, but the US has three million fewer workers. Where did everyone go? This in an economy with 11.2 million job openings. It is mostly men between 25 and 54 who have not returned to work. Now a McKinsey study suggests that 40% … Read more
With a tight labor market, one would think that moving buses and planes of migrants to Democratic strongholds would be seen as an economic opportunity for struggling liberal plutocrats. If you were a leading progressive warrior for diversity, justice, and inclusion fighting it out in the trenches of Martha’s Vineyard, you wouldn’t be thrilled by … Read more
Trillions of dollars have flowed into environmental, social and government funds in recent years. In 2021 alone, the figure grew by $8 billion a day. Bloomberg Intelligence projects that more than a third of all global assets under management could carry explicit ESG labels by 2025, amounting to more than $50 trillion. But for a … Read more
There’s No Light – Official Launch TrailerIGN There’s No Light for PC launches on September 19Gematsu See full coverage on Google News