“Writing in the Harvard Business Review over two years ago, we said ESG should be returned to its “original and narrow intention — as a means for helping companies identify and communicate to investors the material long-term risks they face from ESG-related issues.” Instead, this recent letter shows that ESG has continued to get pulled into political messaging efforts between both parties rather than rightfully being considered as financially material long-term risk factors.”

[COMMENTARY] I fully agree with the concerns of this article that ESG is really about “helping companies identify and communicate to investors the material long-term risks they face from ESG-related issues.” Anything else is nonsense!
Here We Go Again: Red States Continue to Focus on ESG, by Robert Eccles (Oxford University) and Daniel F.C. Crowley (K&L Gates LLP), September 4, 2025, Harvard Law School Forum on Corporate Governance, USA.