In response to similar pressures, private equity funds and money managers are incorporating ESG factors into investment decisions. As a result, companies, funds and investment managers developing and implementing ESG policies and programs must understand and navigate this increasingly complex legal landscape. These funds incorporate ESG factors into their investment decisions. Furthermore, companies and funds based or operating in Europe could be compelled under applicable local law to consider ESG factors in investment and/or development and implement ESG policies. One group of anti‑ESG states precludes fund managers who invest state money from considering ESG factors.

Source: ABC News October 07, 2022 20:00 UTC