Farient Briefings April 2025 | Now, All Available SOP Results in One Place

84% of Companies Keeping or Accelerating Climate Targets—ESG Today

Most public companies are either retaining or ramping up their climate commitments and are more than twice as likely to be increasing their emissions reduction goals than decelerating them, according to a new study released by PwC based on data from climate research provider CDP and reported by ESG Today.

These findings are consistent with Farient’s annual global research of stakeholder incentives. The fifth consecutive report published earlier this year is focused exclusively on worldwide ESG incentives, specifically on climate-related goals, and is published in conjunction with the Global Governance and Executive Compensation (GECN) Group, where Farient is a founding partner.

A Growing ESG Market Is Led by US Government Agencies—Bloomberg

A $1.8 trillion corner of the sustainable debt market is defying the wider downturn by investors, largely backed by US government agencies, even as the new administration leads a green retreat. Sales of so-called social bonds, which direct proceeds to areas such as health, housing, and education, grew 130% to $657 billion globally last year and continued at a similar pace in the first quarter, according to data compiled by Bloomberg Intelligence.

Steel Tycoon Plans to Leave UK After Non-Dom Tax Change—Financial Times

Lakshmi Mittal, executive chair of ArcelorMittal, is reportedly preparing to move from the UK in response to the government’s tax reform on non-domiciled residents, making him one of the wealthiest entrepreneurs to move because of the tax reform. The FT reports that Mittal, who has lived in England for three decades, has told associates that his likely departure is in response to the Labour government’s decision to end the “non-dom” regime, which allowed certain UK residents to avoid paying British tax on foreign income and gains.