Financial firms dominate market for carbon allowances, regulator finds
Amid policy shift, policymakers scrap focus on climate-related risks
September inflows of $12B bring year-to-date total to $85B
U.S. policy has shifted, but it's prudent for banks to still manage these risks
Plus, new CDRs from BMO; fund launches from National Bank, Global X and TDAM; and a new life insurance app
Companies, investors take opposite views to dropping ESG/DEI factors
Company says move levels field against activists
Firm, founder overstated its reliance on ESG considerations, regulator alleges
Author argues that the use of ESG ratings is 'not compatible' with the fiduciary duty of a fund manager
Total ETF AUM now sits at more than $600B