Goldman Sachs slashes Adani Group stakes in ESG funds
Goldman funds registered as promoting environmental, social and governance goals under European Union rules sold about 11.7 million shares in Adani companies in February as per Bloomberg, however they have dramatically reduced its exposure to same following allegations of fraud against it. Read more
Court Greenlights Greenwashing Lawsuit Against TotalEnergies
Legal action against TotalEnergies’ for greenwashing by Greenpeace France, Friends of the Earth France and Notre Affaire a Tous, and supported by environmental law organization ClientEarth, will be permitted to proceed. Read more
CSR vs. ESG: Will RBI’s green push lead to a trade-off with health and education?
RBI push towards greater climate action in line with India’s green-transition plans have triggered concerns about a possible overlap between corporate social responsibility (CSR) spends and environment, social, and governance (ESG) investments. Experts are divided over the issue of whether amendments in CSR laws could lead to overlaps and interplay between CSR spends and ESG investments. Read more