Independent reporting on fiduciary duty, climate, stewardship and systemic risk for the institutions that allocate the world's long-term capital.
Climate shareholder proposals face regulatory headwinds in 2026 as proxy advisor restrictions reshape the voting landscape. Institutional investors confront split mandates on transition versus divestment, with real-money votes telling a fragmented story.
Form N-PX reveals how mutual funds and ETFs vote their shares on corporate governance matters. We explain how to parse this SEC filing and extract actionable stewardship data.
The TNFD framework equips asset owners with standardized methods to measure nature-related financial risks. Implementation requires portfolio-wide natural capital dependency mapping and ecosystem impact assessment across holdings.
The Department of Labor's revised prudence and loyalty rule, finalized in 2026, reshapes how U.S. pension fiduciaries integrate environmental, social, and governance considerations into investment decisions—narrowing the scope to financial materiality and limiting non-financial ESG mandates.
The European Commission's proposed SFDR 2.0 overhaul will replace the binary Article 8/9 classification with three granular product labels, reshaping how institutional investors report and allocate capital to sustainable strategies.
The EU's 2026 CSRD omnibus amendments halve revenue thresholds for mandatory reporting, affecting tens of thousands of companies and reshaping portfolio due diligence for asset owners. New compliance dates and expanded scope demand immediate governance review.
Institutional investors are reshaping carbon credit markets through direct investment in compliance credits, voluntary offset programs, and dedicated climate funds. Understanding market structure, pricing mechanics, and regulatory evolution is essential for long-term capital allocators.
As index funds and pension funds expand their diversified portfolios, regulators and economists debate whether common ownership across competing firms suppresses market rivalry. We examine the theory, evidence, and implications for universal owners.
Scope 3 emissions—the largest and most opaque part of most companies' carbon footprints—are reshaping how institutional investors assess climate risk. We explain measurement standards, data gaps, and practical governance approaches.
As the ISSB and ESRS disclosure frameworks take shape, institutional investors face divergent reporting standards. We examine the structural differences, implementation timelines, and implications for asset owners navigating multi-jurisdictional compliance.
A forthcoming executive order will reshape how institutional investors interact with proxy advisors, requiring disclosure of conflicts and limiting bundled voting services. We explain the mechanics, timeline, and implications for asset owners.
A proposed executive order would reshape how proxy advisors operate, requiring SEC registration and enhanced disclosure. We examine the mechanics, institutional implications, and timeline.
Research, charts, video and podcast analysis for the institutions investing at the scale of the world.
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