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S&P Global drops ESG scores amid political backlash, investor confusion

One of the largest independent credit agencies in the world will no longer dish out numerical ESG scores in their ratings for corporations, ending a short-lived practice that caused investor confusion and prompted political blowback. ....

United States , Ken Paxton , Wells Fargo , State Street , Republican Attorney General Ken Paxton , B Business Finance , B Esg ,

Investment giant Vanguard calls it quits with net-zero climate alliance, drawing GOP cheers

Republicans are praising investment firm Vanguard Group for pulling out of the Net Zero Asset Managers initiative, the world's largest climate alliance in the financial industry, amid pressure from conservative lawmakers. ....

United States , West Virginia , Riley Moore , Rick Scott , Vanguard Group , United Nations , Net Zero Asset Managers , Wall Street , West Virginia Republican Treasurer Riley Moore , Florida Republican , B Business Finance , B Environment , B Politics , B Esg , B The Vanguard Group ,