[White Paper] Part Two: What Insurers and Policyholders Should Know About ESG Under Trump 2.0

Scott Seaman, a partner based in Chicago and co-chair of Hinshaw's global Insurance Services Group, has authored a two-part white paper on the components of environmental, social, and governance (ESG) and the impact on insurers and corporate policyholders.

In Part One, Seaman discussed navigating the ESG landscape, including the importance of environmental, social, and governance issues and their impact on insurers and policyholders.  It compared the "all of government" approach of the Biden Administration with the "drill baby drill" and "merits-based" employment approach of the second Trump Administration and examines the impact of recent U.S. Supreme Court rulings.

Part Two of the white paper explores the countervailing balance to federal rules and policies provided by state and international law, examines the changing landscape of diversity, equity, and inclusion (DEI), examines the role of stakeholders in ESG policymaking, and considers the impact of ESG policy and regulation on risk profiles and claims activity.

• Note: A version of this white paper will be published in a series of Mealey's publications under the title "Sustainability Recalibration: What Insurers And Policyholders Should Know About ESG (Environmental, Social, and Governance Considerations) Under Trump 2.0, Part 2."