Climate Politics

EU Mounts Major Retreat From ESG Agenda Amid Fierce Backlash

Germany and France, the EU’s two largest economies, have been lobbying hard for smaller and mid-sized companies to be excluded from the full scope of reporting requirements.

Photographer: Krisztian Bocsi/Bloomberg
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The European Union is about to walk back significant chunks of planned ESG regulations, amid a barrage of complaints that such rules are becoming a dead weight hampering EU efforts to compete with the US and Asia.

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