- We believe that the Biden administration will bring to the forefront the investment community's understanding of ESG, lending more support through regulatory guidance changes and executive orders.
- In addition, we expect the Biden administration to take a more hands-off approach to regulating the role of ESG considerations in investing, allowing for greater fiduciary discretion and a lower regulatory burden than the current laws and regulations require.
- We foresee a reversal in several of the Trump administration's environmental policies, which could give greater significance to the environmental element of ESG investing.
- Despite any new regulations or laws enacted by the incoming administration, ESG investing practices are likely to be influenced by the differing cultural views embedded across the investment landscape.
For further details see:
What Changes Could A Biden Administration Bring To ESG Investing?