Dueling Agendas For Climate-Related Investment Put Squeeze On Companies

Experts expect Republicans to intensify their attacks this year on environment-related finance approaches even as climate advocates continue calls for such steps as a prudent approach to limiting risks, with investment management firms and other companies caught between the competing agendas. “There will be a lot of efforts . . . to leverage the [environmental, social, governance (ESG)] backlash for political gain,” says Brian Israel, chairman of Arnold and Porter’s environmental practice group. That includes ESG-specific funds and investing practices,...