clyde & co – On-demand webinar: The Anti-ESG Movement

An anti-ESG backlash is rapidly taking shape in the United States. Members of the movement see ESG policies as creating an unfair burden on consumers and an illegitimate interference in the political system. In 2023 three prominent lawsuits were filed against the US government and investment companies for breach of fiduciary duties relating to the decisions to divest from fossil fuel investments in an effort to combat climate change.