Businesses seek governmental ESG standards, policies

Read the full story at Environment + Energy Leader.

More than 200 businesses worth trillions across the United States and Europe recently urged their governments to take climate and environment, social and governance action. They say that by not coming up with international standards, businesses would be unable to properly channel investments toward sustainable businesses, which could hinder restructuring of financial systems toward long-term value creation and resilience.

In the US, 163 companies sent a letter to Congress urging passage of infrastructure and clean energy legislation, especially the Biden Administration’s recently announced Build Back Better Act framework. In Europe, 57 organizations sent an open letter to the European Union to act on ESG disclosure standards.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: