Cohesion on ESG Standards Still Elusive, Despite Biden Win
While many expect the president-elect to take a bullish stance on environmental issues, it's unclear what a new dispensation can do for the dilemmas around ESG standards.
Over the past five years, active managers have seen increased interest from investors in ESG—environmental, social, and governance issues—and recent history is likely to accelerate that trend. President-elect Joe Biden campaigned on a very ambitious climate change agenda, and he has said that he plans to re-enter the US in the Paris Climate Agreement as early as February. At the same time, the past year was marked by a new awareness of inequality and injustice, following the tumult of the
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