EU Puts ESG Laggards on Notice Amid Investing ‘Revolution’
- McGuinness says firms that don’t change have no future in EU
- Commissioner says profits aren’t the only thing that matters
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Firms that fail to take ESG seriously face a bleak future in the European Union, as the bloc pushes ahead with the world’s most ambitious set of environmental, social and governance regulations.
That’s according to Mairead McGuinness, the EU’s commissioner for financial markets and services.