As political debates on ESG issues get more heated in the US, companies are cooling their talk on the topic, research shows.

The world is addicted to cheap energy. We need to admit this and have the courage to put oil, gas, and coal into stewardship.

Directors have a “fiduciary duty” to consider climate change risks, say experts—but legal action is unlikely unless enforcement is beefed up.

Asset owners and managers signed up to the Net-Zero Asset Owner Alliance include Nordea, Zurich, Allianz and Folksam, with more than $2.4trn in investments.

Nearly two-thirds of investors say proxy adviser ISS should recommend voting against the election or re-election of a board chair if they are not “independent”, regardless of the overall independence of the board.

Risk experts have highlighted concerns about data security, global warming and the effect of geopolitical uncertainty on trade and supply chains as major risk factors this year.

Large companies and pension schemes must report climate change risk under current law and regulation, or face new legislation, warns the Environmental Audit Committee.

UK parliamentary committee calls on environment secretary Michael Gove to push regulators towards enforcing stronger climate change risk management and reporting.

BlackRock has detailed how it will engage with and act upon topics such as human capital management, climate change and executive pay for the coming year.

A inquiry by UK MPs into green finance initiatives will also ask whether climate-change-risk disclosure recommendations from a G20 task force will work as a voluntary process.