Will sustainable investing survive Trump 2.0? That’s the question posed by the Financial Times this week as Donald Trump re-enters the White House. US banks and investment managers have already started to ditch climate alliances in an effort to curry favour with the new administration. The Financial Times covers the story.
The EU is facing pressure to scale back its controversial ESG reporting requirements as France prepares a set of recommendations intended to rein in the Corporate Sustainability Reporting Directive (CSRD) including limiting the number of companies required to meet the full reporting requirements. Bloomberg covers the story.