Overview
Investors worldwide are increasingly interested in environmental, social, and governance (ESG) investing. Fund managers are meeting this demand by offering funds with ESG-related investing strategies and through stewardship efforts. At the same time, policymakers across the globe are pursuing a variety of initiatives related to sustainable finance and ESG investing.
ESG Committees & Working Groups
Pension Committee
ICI Contacts
ESG News & Publications
ESG News & Publications
ICI Responds to SEC Vote on Climate Disclosure Rules
Washington, DC, March 6, 2024—Investment Company Institute (ICI) CEO and President Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to finalize rules on public company climate risk disclosure rules: “In its final public company disclosure rules, we are pleased that the Commission followed ICI’s recommendation not to mandate Scope 3 disclosure requirements at this time. As we await anticipated final rules from the SEC requiring funds and their managers to enhance their ESG disclosure, we urge the Commission not to impose greater obligations...
ICI Statement on SEC Fund Names Rulemaking
Washington, DC; September 20, 2023—Investment Company Institute (ICI) President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to adopt reforms to the Fund Names rule. “This enormous expansion of the fund names rule has nothing to do with ESG. The rule sweeps more than three-quarters of all the funds in the US into its dragnet, going far beyond ESG funds—the supposed root of the rulemaking—with no justification. The agency has also failed to take a reasoned and calibrated approach to improving fund disclosure, as they should have...
ICI: Mutual Funds Have Helped Middle Class Families Secure Their Financial Futures
Palm Desert, CA; March 23, 2023—The Investment Company Institute (ICI) concluded its annual Investment Management Conference this week, after convening senior regulatory officials and industry leaders for a robust discussion of the issues facing asset managers today. In his address before the conference, ICI’s CEO and President Eric Pan emphasized the historic success of mutual funds to help Americans achieve their savings goals and the impact on everyday Americans of pending regulatory measures, such as the SEC’s mandatory swing pricing and fund names proposals. “For the great majority of...
ICI Statement on SEC ESG Disclosure Proposal
Washington, DC; August 16, 2022—Today, ICI President and CEO Eric Pan released the following statement regarding the SEC’s proposal to require additional disclosure around environmental, social, and governance (ESG) investment practices: “ICI fully supports regulatory measures to address concerns around greenwashing. We believe it is critical that investors understand the differences between environmental, social, and governance (ESG) funds and non-ESG funds. ICI members aim to provide funds that meet a range of investor objectives. We recognize that confusion over ESG is undesirable to those...
ESG Research & Statistics
ESG Research & Statistics
Selected Legislative Developments in the United States – 2021
Login or click here to get access to our Member Fact SheetSelected Legislative Developments in the United States on Environmental, Social, and Governance Issues Updated April 13, 2021 117th Congress Legislative United States House of Representatives Legislation H.R. 1277, Improving Corporate Governance Through Diversity Act of 2021 To amend the Securities Exchange Act of 1934 to require the submission by issuers of data relating to diversity, and for other purposes. Current Status: Referred to House Financial Services, Feb 24, 2021 116th Congress: H.R. 5084. Passed House, Nov 19, 2019. Referred to Senate Banking H.R. 1187, ESG Disclosure...