Promises, Promises: Navigating the Reputational Risks of ESG Investment Pledges
Promises, Promises: Navigating the Reputational Risks of ESG Investment Pledges Published 3 months ago Denise Williamee, Steel City Re As the trend towards ESG investment and a low-carbon economy continues, banks are being backed into a reputational corner. Law firms specializing in representing the expanding pool of litigious shareholders are salivating. On one hand, banks understand the inherent financial risks and challenges involved with making a wholesale move towards a low-carbon economy. The transition to a greener corporate world can’t happen overnight; as long as “brown” asset...