Earth Day Special Report: Bessie Antin Daschbach Discusses How ESG Trends are Impacting Insurers

Partner Bessie Antin Daschbach was featured in a Law360 Insurance Authority Earth Day analysis, discussing four key environmental issues impacting insurers related to climate change.

Daschbach reviewed efforts by the U.S. Securities and Exchange Commission (SEC) to implement climate disclosure regulations for public companies, along with legal challenges to the regulations.

Ignoring a growing global trend towards incorporating environmental, social, and governance (ESG) considerations in investment decisions will pose financial risks, according to Daschbach. "These ideas of sustainability and ESG are rooted, and they are not going away."

She added that even smaller and medium-sized companies that are not directly affected by disclosure requirements might still be motivated to adopt ESG policies if they are part of the supply chain of a larger company facing such requirements.

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"Four Environmental Issues Insurers Eye On Earth Day" was published by Law360 Insurance Authority on April 18, 2024.