ESG is Investment Strategy
Curtis, Fisch, and Robertson's article, Do ESG Mutual Funds Deliver on Their Promises, is a timely and insightful piece with several important conclusions.
Curtis, Fisch, and Robertson's article, Do ESG Mutual Funds Deliver on Their Promises, is a timely and insightful piece with several important conclusions.
Environmental, social, and governance (ESG) investing is a strategy for allocating investment funds on the basis of the extent to which the operations of a company, or a portfolio of companies, affect the environment, advance social justice, or follow good corporate governance practices. It is of intense and increasing interest to millions of investors who seek to minimize financial risks and maximize their financial returns. It also appeals to investors who seek to align their investments with their core personal values.
Corporations have received growing criticism for their role in climate change, perpetuating racial and gender inequality, and other pressing social issues. In response, shareholders are increasingly focusing on environmental, social, and corporate governance (ESG) criteria in selecting investments, and asset managers are responding by offering a growing number of ESG mutual funds. But are these funds giving investors what they promise? This Article provides a unique picture of the current ESG environment with an eye to informing regulatory policy.
The Environmental Law and Policy Annual Review (ELPAR) is published by the Environmental Law Institute’s (ELI’s) Environmental Law Reporter in partnership with Vanderbilt University Law School. This Comment highlights the results of the ELPAR article selection process and reports on the environmental legal scholarship for the 2021-2022 academic year, including the number of environmental law articles published in general law reviews versus environmental law journals, and the topics covered in the articles.
A district court granted summary judgment for the State Department in a lawsuit concerning documents related to the agency's handling of the 2016 Paris Climate Agreement. A nonprofit group filed a FOIA request, seeking three documents concerning the "Circular 175" process for the agreement. The Depa...
With passage of the Inflation Reduction Act and Water Resources Development Act of 2022, the statutory landscape has changed to reflect the Biden Administration’s emphasis on environmental justice. On February 27, 2023, the Environmental Law Institute (ELI) and ELI’s Pro Bono Clearinghouse co-hosted a panel of experts who explored how communities can leverage the statutory changes that have taken place, what decisions have been left up to agencies, and how proposed legislation, like the Environmental Justice for All Act, will affect future environmental justice efforts.
The Ninth Circuit granted DOI's motion to dismiss a long-running land exchange dispute over construction of a road through the Izembek National Wildlife Refuge. The court found the Secretary of the Interior's recent withdrawal of the exchange, which was approved by a previous Secretary, mooted the c...
The Ninth Circuit dismissed for lack of standing a challenge to the Forest Service's livestock grazing decisions in Colville National Forest. Environmental groups argued the decisions would lead to an increase in wolf attacks on livestock, which in turn would cause the Washington Department of Fish ...
The D.C. Circuit granted oil and gas groups' petition to review a Pipeline and Hazardous Materials Safety Administration (PHMSA) safety standard that requires their members to install remote-controlled or automatic shut-off valves in some types of new or replaced gas and hazardous liquid pipelines. ...
The U.S. Supreme Court, in a splintered 5-4 decision, affirmed dismissal of a constitutional challenge to a California law that forbids in-state sale of pork meat from breeding pigs that are "confined in a cruel manner." Out-of-state pork producers challenged the law on dormant Commerce Clause groun...