Concerns of ‘significant’ disruption due to the divergence of ESG rules

There was a time when there were little major differences between ESG rules on either side of the Atlantic. But that’s not the case now.  It makes for major problems for big US firms operating in Europe who will soon have to comply with 2 very different sets of rules. A survey by the Compliance Institute suggests that a fifth of companies foresee ‘significant’ disruption due to the divergence of ESG rules and only 40% are preparing for this schism in regulation. Joining Joe this morning was Michael Kavanagh is the chief executive of the Compliance Institute.