The recent rollbacks could potentially result in US companies laxing on environmental practices.
Against the backdrop of Covid-19 and the US’ rollback of environmental regulation, investment in environmental, social and corporate governance (ESG) remains a wise choice, writes Sarah Brattan Hughes, Head of Sustainability, North America, Schroders.
“We have seen sustainable investing outperform going into the Covid-19 crisis, and throughout the crisis. The resilience of results supports our view that sustainable investing is a proxy for quality.”
The recent rollbacks could potentially result in US companies laxing on environmental practices. However, the focus on sustainability in other parts of the world will help keep up the sustainability standards globally, Hughes adds.
“For example, the European Union has embarked on a sustainable finance plan and has a strong ambition to be a global leader of sustainable investing. It is a matter of time before ESG integration becomes a hygiene factor in