State-level political pressure is increasingly poised to shape the boundaries of “acceptable” financial risk analysis in the US, with direct implications for the consistency and independence of credit ratings.

Climate litigation is moving upstream into corporate strategy, raising the prospect that courts could directly constrain future fossil fuel investment and redefine board accountability for capital allocation decisions.

A cluster of interventions on sustainability-linked stewardship landed in the three weeks when trustees have the least capacity.

The US Department of Labor has quietly opened a new front in the long‑running campaign against proxy advice and stewardship.

A Texas federal judge has refused to let the state revive its anti-ESG investment law while its Fifth Circuit appeal plays out.

In March 2026, Minerva submitted a formal response to the FCA’s consultation paper CP25/34, which for the first time would bring ESG rating providers within the UK regulatory perimeter.

Germany has abruptly narrowed its “acting in concert” standard after a rebuke from the Court of Justice of the European Union.

The US Securities and Exchange Commission (SEC) is preparing to propose a shift away from mandatory quarterly reporting

The International Sustainability Standards Board (ISSB) released its final set of proposed updates to the Sustainability Accounting Standards Board (SASB) industry standards on 26 March.

Shareholder advocacy group As You Sow has launched a lawsuit challenging the exclusion of a climate-related shareholder proposal at international insurance company Chubb.

Amazon looks set to exclude at least seven shareholder proposals from its 2026 proxy statement without formal assent from the US Securities and Exchange Commission

The Net Zero Financial Service Providers Alliance (NZFSPA) has decided to reorganise almost five years since its 2021 launch and conclude activities as a standalone initiative.

A Texas federal judge has struck down one of the US’ most prominent anti-environment, social and governance (ESG) laws, ruling that prohibiting state investment in companies avoiding financing fossil fuels is unconstitutional.