Episode Details

Securities body considers rollback of DEI and ESG goals

International Securities Services Association debates changes as political climate shifts under Trump 2.0.

In the UK, both the Financial Conduct Authority and the Prudential Regulation Authority have scrapped mandatory DEI rules in the financial sector, citing costs and the additional regulatory burden.

F.T.C. Investigates Ad Groups and Watchdogs, Alleging Boycott Collusion

The Federal Trade Commission is investigating whether roughly a dozen prominent advertising and advocacy groups violated antitrust law by coordinating boycotts among advertisers that did not want their brands to appear alongside hateful online content

Climate Startups Are Pausing Operations, Cutting Staff and Entering Bankruptcy as Trump Policies Bite

Energy Department announced $3.7 billion worth of funding cuts for clean-energy and climate projects on Friday—in latest blow to green sector

AllianzGI Says First ESG Defense Allocations Likely This Year

Allianz Global Investors expects some of its ESG funds to start adding defense holdings in the coming months, as the money manager updates prospectuses to match the political mood in Europe.

EU to propose more flexible climate goal in July

The European Commission will propose a new EU climate target in July that includes flexibilities for how countries meet it, as Brussels attempts to fend off mounting criticism of Europe's environmental aims

The proposal will set an EU goal to cut net greenhouse gas emissions 90% by 2040, compared with 1990 levels.

However, the EU executive plans to add flexibilities to that target, which could reduce what it demands from domestic industries

The flexibilities include setting an emissions-cutting target for domestic industries that is lower than 90% and letting countries buy international carbon credits to make up the rest, to reach 90%.