Credit: Jon Anders Wiken/Adobe Stock Effective or Not, ESG Boycotts Targeting Pension Funds Likely to Fuel Legal Work
Anti-ESG legislation is bubbling up across the nation, causing even more scrutiny of environmental, diversity and human rights disclosures.
August 01, 2022 at 06:54 PM
5 minute read
While the anti-ESG movement likely started the same day the ESG movement launched, recent proxy proposals and new legislation are forcing corporations and asset managers to pick between state and local client relationships and increasingly strict global ESG disclosure mandates. The sticky situation is likely to generate work for law firms and consultants, said ESG lawyers and consultants, but unlikely to sway the behavior of institutional investors.
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