Only a year ago companies did not consider twice about utilizing “ESG” in job titles. Banks, corporates and investors eagerly labelled activities and bonds with the three-letter term, encouraged by climate policies, net zero pledges and favourable public opinion.
But after President Donald Trump rolled back US climate policies and Republican states launched antitrust suits against financial institutions for commitments that deprived the fossil fuel indusattempt of access to financing, companies launched quietly to rebrand.
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