ESG is Lobbyists’ New Buzzword as Dems Mull Mandated Reporting

Companies’ approach to environmental, social, and governance issues is getting more attention from lobbyists as Democratic lawmakers float legislation in the space.

Investors like Vanguard Group joined State Street Corp., the U.S. Chamber of Commerce, and at least 11 other groups that included such issues in their lobbying efforts this past quarter. That’s the highest tally since the phrase or its abbreviation ESG first appeared in lobbying disclosures in 2015, a Bloomberg Law review of filings found.

ESG has become a buzzword as investing that considers environmental, social, and governance factors goes mainstream. Assets in ESG and values-based exchange-traded funds ...