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Squabble between US conservatives and liberals over ESG won't derail global trend towards more reporting, CFA Institute head says

A partisan squabble over the merits of environment, social and governance (ESG) performance disclosures and their consideration in investment decisions in the United States will not derail the global trend towards more ESG disclosures and considerations, according to an industry expert.

"Right now there is a lot of noise in the US, because you have not only the federal government, but the 50 states also have a lot of say on disclosures by companies that do business in those states," Paul Andrews, the Washington DC-based managing director for research, advocacy and standards at global investment professionals body CFA Institute, told the Post.

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