ESG investment threatened by US political pressure –
ESG investment is threatened by political pressure in America that could derail efforts to tackle climate change, warns the ceo of one of the world’s largest financial organisations. The warning from deVere Group’s Nigel Green comes as it is revealed that the world’s second-largest global asset manager is resigning from the Net Zero Asset Managers initiative, whose members are committed to achieving net zero carbon emissions by 2050. “Republicans in the U.S. appear to be stepping up their attacks on financial institutions that they say are hostile to fossil fuels,”...