David Mandelbaum, Greenberg Traurig. Clients: How Risky Is a Shift in Your ESG Approach?
Attention to ESG has become political. Some states with conservative administrations have taken steps to inhibit attention to ESG by, among other things, precluding investment of state employee pensions in certain funds or with certain fund managers who have increased their emphasis on ESG as an investment criterion.
November 10, 2022 at 01:52 PM
7 minute read
Environmental Law
For some years now, many businesses have attended carefully to their performance on environmental, social, and governance dimensions. Some investment banks have established funds composed of securities issued only by companies with suitable ESG performance. Some institutional investors, like pension funds, have insisted that their portfolio only include stock in corporations with high ESG ratings. That, of course, has led corporations to look for ways meet that investor demand.
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