Tim Mohin: ESG ON FIRE

The term “responsible business” is being replaced by “ESG” as it becomes politicized and legal threats for greenwashing rise. However, companies are still making progress on their sustainability programs. The “anti-woke” backlash in the US and new regulations like the SEC’s Names Rule have led to a shake-out of unsubstantiated ESG claims in financial markets. However, ESG adds value, with research from UBS showing that hedge fund managers are increasingly considering ESG in their investments and green assets may recover from losses in 2024. ESG litigation is becoming commonplace, with Exxon Mobil, Koch Brothers, and The American Petroleum Institute losing their appeal to move a climate case to federal court.

Resource: https://esgnews.com/tim-mohin-esg-on-fire/


Learn with us in small steps

Find out more about us