Yesterday, I wrote about The Conference Board – today let’s look at a new study from them indicating that “80% of companies are adjusting their ESG strategies in response to the new administration.” Among the key findings:
“Tariff turbulence is putting new pressure on corporate sustainability strategies.
- 66% of executives are concerned that tariffs or future trade restrictions will impede sustainability goals
- 45% are concerned that trade uncertainty will delay investments in sustainable operations
- 42% anticipate cost pressures on sustainable materials or inputs
Companies are adjusting their strategies by reframing language and moving away from the term ‘ESG.’
- 52% of executives say their companies are narrowing or reframing communications, including moving away from the term ‘ESG’
- 48% are increasing legal and risk review
- 43% are enhancing focus on business ROI and shareholder value of ESG-related initiatives
Regulatory fragmentation is now the top challenge for corporate sustainability efforts.
- 49% of executives cite widening ESG regulatory and reporting gaps (state-federal, state-state, US-international) as the top concern for their sustainability strategies
- 46% highlight increased scrutiny on DEI practices
- 39% cite rollbacks of environmental regulations
Corporate leaders brace for a prolonged anti-ESG wave.
- 90% of executives expect anti-ESG sentiment to either increase or persist over the next two years.”
It’s a mad, mad, mad world out there. Amidst all the changes, fear-mongering and distractions, how do you keep focused on doing your job day-to-day? We can help – PracticalESG provides tools and guidance for in house staff and outside advisors – from beginners to senior practitioners. In addition to creating our own unique tools for members to use, we scour third party resources, vetting and filtering them – saving you hours of your day. And we don’t use AI to produce any content or have annoying ads.
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