Europe Resists US-Driven Backlash Against ESG


(MENAFN- Investor Brand Network) The finance industry in Europe is withstanding pressures to backtrack on its environmental, social and governance (“ESG”) investments, with some help from regulations and
steady investor demand . In the United States, GOP legislators have successfully diluted regulations that promote ESG, reduced ESG product marketing and discouraged financial companies from working with others to reduce greenhouse-gas emissions.

Thus far, Europe has resisted the anti-ESG movement due to consumer support for greener products and regulations supporting operations of companies in the economy, particularly in the finance industry. Some politicians have also helped ease environmental...

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