Half of Businesses Aren’t Prepared for Impact of ESG Risks
According to research by Verdantix 52% of firms say climate related threats such as climate risks to physical assets or energy transition risks represented very material risks to their firm over the last year. 37% say their physical operations will face significant risk from climate change between now and 2030
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SEC hits ESG funds with subpoenas
The Securities and Exchange Commission’s (SEC) scrutiny on environmental, social and governance funds is increasing as it has issued formal requests, including subpoenas, to a number of investment firms over their sustainable investment advertising practices
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