Hey Guys,
Not sure if you heard the news, but the EU passed ESG regulation which went into force in January this year. If you think this doesn’t apply to you, think again. The provisions in the ESG regulation could very apply to suppliers and consumers around the world.
Not surprisingly, the EU’s ESG’s push came at the start of the pandemic, which is the same time that Blackrock CEO Larry Fink published an open letter telling the CEOs of all the companies the asset manager is investing in to comply with ESG criteria, or else.
Since that time we’ve seen no shortage of ESG initiatives, but almost all of these have come from the private sector. The EU’s ESG regulation is the first imitative to come from the public sector, and it’s being described as ambitious by its biggest fans. Yikes.
This is a video you don’t want to miss!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► WEF And UN Sign Strategic Partnership For SDGs via ESG: https://www.weforum.org/press/2019/06…
► CSRD Timeline And Details: https://persefoni.com/learn/what-is-CSRD
► Double Materiality Explained: https://kpmg.com/nl/en/home/topics/en…
► Weapons Are ESG Friendly: https://www.forbes.com/sites/jacobwol…
► CSRD Impact On American Companies: https://deloitte.wsj.com/articles/new…
► ESG Causing Energy Crisis: https://www.wsj.com/articles/energy-c…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
