Even though shareholders gave their proposals less support in 2023, adherents point out that they withdrew many of them after firms agreed to make changes.

The agency views the capital providers as a governance risk, and it says there are industrywide social concerns about enforcement cases and cybersecurity.

Asset flows into the funds soared last year with the launch of the firm co-founded by Republican presidential candidate Vivek Ramaswamy.

As sustainable investing principles weather a growing backlash, the biggest asset managers are pivoting in how they talk about environmental, social and governance funds.

Venture capital-backed Purpose Rounds helped ethical leather goods firm Parker Clay raise money outside the traditional routes as the pilot firm on the platform.

The soaring number of firms disclosing their workforce demographics is bringing sobering numbers to light and displaying the shortcomings of available statistics.

Two protesters from the Earth Quaker Action Team explain why they want Vanguard to take a stronger stance against climate change.

A new report found more than 542 shareholder resolutions filed on ESG issues as of mid-February in this year's proxy season. But anti-ESG proposals also jumped.

A new study by the nonprofit ETF Group highlighted how sustainable investors should look at the extractive agrifood sectors the same way they regard the oil, gas and coal industry.

As giant institutional asset managers like BlackRock manage over $60 billion assets in ESG-focused funds, much smaller firms are targeting retail investors looking to create a socially impactful portfolio in local communities.

Researchers find that performance expectations are highest among people who invest in environmental, social and governance causes for moral reasons.

A new analysis by Ceres found that pledges by financial institutions to combat climate change are at odds with their bankrolling of fossil fuel companies.

Wealth managers are increasingly pledging to address diversity, equity and inclusion in their businesses.

After being caught on the wrong side of Vladimir Putin's war in Ukraine and the Adani scandal, hundreds of ESG fund managers are now dealing with the sting of having misjudged Silicon Valley Bank.

Apple and Alphabet lead a new list of 200 global companies that incorporate sustainability into their business and investments.

The fintech firm providing ESG data technology gives financial advisors more openings to ask customers about their values and implement them in portfolios.

The firm' decision is particularly notable given the increasing pushback against ESG by Republican politicians

The fund giant's move comes as asset managers face increasing political and social pressure over their stances on environmental, social and governance issues.

The impact management firm passed $100 million in assets in its Social Justice All Cap Global ETF in 2022, less than two years after inception.

Crypto and ESG were supposed to transform the finance industry. At the end of 2022, they still hadn't — and prospects look even worse for 2023.