Bessie Daschbach Discusses the Outlook for ESG

Share this page
Print
PDF

In The News | 1 min read

Jan 17, 2023

Hinshaw partner Bessie Daschbach discussed the recent wave of pushback against Environmental, Social, and Governance (ESG) and the outlook for ESG in a blog post published by the American College of Environmental Lawyers (ACOEL).

Daschbach cited pushback against ESG at both the state and federal levels, stating that, to date, 18 states have proposed or adopted anti-ESG legislation. She added that at least one House bill aimed at ESG has also come to the fore—H.R. 9543, titled the "ESG Rule Prevention Act."

Daschbach noted that despite the swelling anti-ESG wave, proponents of ESG remain committed and are doubling down on the business case for ESG. "[H]eadlines for the coming year will be marked by news covering the trajectory of anti-ESG developments. But, given the unimpeded pace of ESG developments over the last year even amidst the wave of these anti-ESG developments, together with the stated (and re-stated) business case for ESG, it is fair to assume ESG is not going away," she stated.

"ESG: What Is The Outlook?" was published by the American College of Environmental Lawyers on January 11, 2023.

Hinshaw & Culbertson LLP is a U.S.-based law firm with offices nationwide. The firm's national reputation spans the insurance industry, the financial services sector, professional services, and other highly regulated industries. Hinshaw provides holistic legal solutions—from litigation and dispute resolution, and business advisory and transactional services, to regulatory compliance—for clients of all sizes. Visit www.hinshawlaw.com for more information and follow @Hinshaw on LinkedIn and X.