Finance Media Monitor | 8.15.23



The SEC’s enforcement division has issued subpoenas to several asset managers, seeking details on their ESG investment marketing strategies, in a push to eliminate greenwashing. Those under scrutiny include traditional investment funds that have pivoted to ESG funds, as well as funds offered both in the US and Europe that have differing amounts of public disclosure. This push comes after the SEC enforcement division created a task force in March 2021 to crack down on misconduct within sustainable investment disclosures.  

Meanwhile, in Montana, a landmark ruling driven by youth activists—potentially the strongest decision on climate issued by any court to date—may pave the way for a surge of climate-related lawsuits. We’re hopeful that the precedent can also benefit our work on ESG.





  • Will Hild tweeted: 🚨 NEW: In a closed-door meeting, Goldman Sachs CEO David Solomon reportedly called ESG and the movement to divest from fossil fuels “stupid” and “hypocritical.”
  • Last Call shared a video: “ESG is taking businesses, taking shareholder assets and trying to repurpose those for ideological things,” says FL Gov. @RonDeSantis 


  • August 17: World Resources Institute One Year of the Inflation Reduction Act Webinar: A conversation with Ali Zaidi, White House National Climate Advisor. Register here
  • August 23-25: Global Research Alliance on Sustainable Finance and Investment 2023 Annual Conference. Register here
  • August 24-26: The Federal Reserve Bank of Kansas City 2023 Economic Policy Symposium “Structural Shifts in the Global Economy.” 
  • September 17-24: Climate Group Climate Week NYC. View list of events here
  • September 20: UN Climate Ambition Summit.