In Part II, I review the commonly used corporate techniques to shelter profits in overseas low tax havens and why an ESG investor might want to push for more transparent jurisdiction by jurisdiction d...
Tag: ESG
Why Investors Need Better Corporate Tax Disclosures- Part I
In part I, using Ford Motor Company as an example, I argue that the sheer opacity of current tax disclosures makes it virtually impossible for even an informed investor to forecast a sustainable tax r...
Vanguard Exit Has Lawyers Mapping Out Wall Street’s Top ESG Risk
(Bloomberg) — At a recent climate-finance meeting attended by Wall Street giants including BlackRock Inc. and Goldman Sachs Group Inc., no one spoke until a lawyer had finished reading out a dis...
Activist Investors Are Putting Ideology Before Shareholder Value
Gas-fired power plant (AP Photo/Michael Sohn, File) Copyright 2022 The Associated Press. All rights reserved Under the leadership of Gary Gensler, the Securities and Exchange Commission (SEC) is empow...
Arizona divesting pension funds from BlackRock over ESG push
Arizona is forging ahead with its plan to divest its pension funds from BlackRock due to concerns over the massive investment firm’s push for environmental, social, and governance (ESG) policies...
BlackRock Facing More Blowback Over ESG as GOP Pressure Mounts
(Bloomberg) — It’s been a tough couple weeks for BlackRock Inc., the world’s largest money manager, which endured fresh blows from Republican officials sharply critical of ESG. Most Read from Bl...
Dimon Highlights Need For More Oil And Gas Investment As Vanguard Bails On ESG Group
UNITED STATES – SEPTEMBER 22: Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate … [+] Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nat...
ESG Efforts Ramp Up, Tesla Semis Hit The Road And Reaping Billions From Clean Energy Bonds
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty A new survey from Deloitte finds th...
Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’
Larry Fink, Chairman and C.E.O. of BlackRock arrives at the DealBook Summit in New York City, November 30, 2022. David Dee Delgado | Reuters LONDON — BlackRock CEO Larry Fink is facing calls to step d...
FTX founder manipulated ESG to earn ‘virtue signaling glow’: Palantir co-founder
FTX Founder Sam Bankman-Fried manipulated ESG and woke culture to help his now-bankrupt crypto firm avoid scrutiny from regulators and gain credibility with investors, a venture capitalist told Fox Ne...
How The Last Three Years Has Structurally Changed Airline Travel
This is an extreme example of blending work and leisure travel! getty Sometimes change comes slowly, and sometimes it arrives more quickly. The way that people travel by air has been relatively consta...
Clean Tech Year In Review – Key Takeaways From A Challenging Year In The Market
As the year draws to a close, let’s look at what 2022 has brought for clean tech. By looking at the recent struggles at the major tech platforms, one can easily see how 2022 was a difficult year for a...
DOL’s New ESG Rule ‘Unremarkable’
AFP via Getty Images Two days before Thanksgiving, on November 22, 2022, the Department of Labor (“DOL”) released its much anticipated “Prudence and Loyalty in Selecting Plan Investments and Exercisin...
U.S. SEC Charged Goldman Sachs For Violating ESG Investment
33 mins ago | 2 mins read Editors News Goldman Sachs Asset Management agreed to pay a $4 million penalty. GSAM failed to have written rules or procedures for ESG research in one product. The U.S. Secu...
World’s Largest Floating Wind Farm Powers Up
ANP/AFP via Getty Images Key takeaways On Monday, Norwegian energy firm Equinor reported its offshore floating wind farm Hywind Tampen produced its first watts on Sunday The wind farm totals 11 turbin...
Municipal Bonds And ESG: All Hat, No Cattle
Houston skyline (Photo by Scott Halleran/Getty Images) Getty Images Houston, we have an ESG problem. Or do we? From an ESG-risk perspective, between the weather and petroleum-dependent economy, the Ci...
‘Ideological attacks on ESG investing defy the free market–and taxpayers are losing out. Here’s why we consistently beat Republican-led states in nearly every economic category’
Environmental, social, and governance–or ESG–investing is the latest target of Republicans who want to push their backward agenda at the expense of taxpayers. It’s a method of investing that prioritiz...
Where Is The U.S. Insurance Industry On Climate Change?
SARASOTA, FL – SEPTEMBER 28: Wind gusts blow across Sarasota Bay as Hurricane Ian churns to the … [+] south on September 28, 2022 in Sarasota, Florida. The storm made a U.S. landfall at Ca...
Japanese Mobile Operator Partners with Accenture to Boost ESG Using Web3
NTT DOCOMO, the leading mobile operator in Japan, has collaborated with Accenture to propel the application and adoption of Web3 when tackling social issues. In a statement, the strategic partnership...
ESG And The Energy Workforce Of The Future
By Aparajita Datta, Gail Buttorff, Pablo Pinto and Ramanan Krishnamoorti BLACKSBURG, VA – APRIL 09: Mechanical Engineering students and Team Valor members (L-R) John … [+] Seminatore, Jame...
Why This Hyundai Scion Became An Impact Investor Instead Of Joining South Korea’s Third-Biggest Business Empire
After earning his M.B.A. from Columbia University, Kyungsun Chung, grandson of late Hyundai group founder Chung Ju-yung, could easily have joined one of South Korea’s largest business groups, just lik...
For The First Time, ESG Proponents Are Starting To See Defense Stocks As ESG
Environmental, social and governance (ESG) issues have come to the forefront of investment practices over the years. However, a critical concern for investors is the lack of quantitative standards in ...
EToro launches ESG investing tools to promote sustainable investments
ESG investing is one of the hottest trends today, with investors turning to ESG-related assets as a way to identify long-term investment gems or to stay off potentially risky assets. As the ESG trend ...
How Investors Can Produce Excess Returns With ESG Investing
Investors who ignore global environmental, social and governance challenges (ESG) are exposing themselves to unnecessary risk. That was one of the main takeaways in a recent webinar I hosted titled, &...
Coast Guard Says Main Drive Shaft Issue Puts OPC Delivery Schedule ‘At Risk’
Delivery of the first Offshore Patrol Cutter is at risk. Eastern Shipbuilding Group In a sign of impending trouble for the Offshore Patrol Cutter (OPC) program, the U.S. Coast Guard reports that a pro...