As ESG becomes an increasingly politicised topic in the US, Europe has so far been buffered from the anti-ESG backlash that could well have a major impact on the future of the planet.
Regulators on the continent continue to press ahead with sustainable investing rules that have often tied asset managers and investors in knots while remaining susceptible to greenwashing.
Meanwhile, asset managers in the US are avoiding the term ‘ESG’ completely in a bid to placate clients that might deem the term ‘woke’...
This article first appeared in ETF Stream's recent ESG Unlocked report. To read the full article, click here.