The ESG Regulatory Regime

Sustainability, ESG, Climate Change, Carbon Neutral, SDGs and CSR are all expressions we hear and read day in day out in our professional and private lives and it is easy to attribute this media saturation to it just being the next fad, the next big thing to talk about like Brexit, the US elections, Covid or any other recent big news story. This is not an article voicing an opinion on the necessity of climate action (even though I certainly have a strong view on it). It is an article on how the climate change and sustainability will impact the regulatory environment of the financial services industry. The next paragraphs give an overview over the purpose of the regulatory regime and the regulations it entails.