US investors fear legal action as ESG splits global markets
newscatcher
2023-03-26 01:35
US investors fear legal action as ESG splits global markets
ESG (environmental, social and governance) is dividing investment trends across the globe. Almost half of North America's biggest institutional and wholesale investors worry they'll face legal consequences if they consider environmental and social factors, as the political backlash against ESG broadens, according to a fresh global survey of firms overseeing US$27 trillion .  In Europe and the Asia-Pacific region, meanwhile, investors are more concerned about the ramifications of failing to address climate change, Robeco said in its annual survey of the industry published on Tuesday (March 21).

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