Trump Administration Seen as Likely to Dismantle ESG Rules (1)

President-elect Donald Trump will likely move to dismantle ESG-related regulations in the US when he takes office in January.

That would mean blocking Securities and Exchange Commission rules for corporate and fund disclosures, and Labor Department requirements on pension funds, according to Rob Du Boff, a senior analyst at Bloomberg Intelligence. The new administration also is expected to put limits on ESG-related shareholder proposals filed during proxy season, he said.

“The bottom line is the Trump administration is anxious to undermine these ESG-related initiatives,” Du Boff said.

• To see the full note from Bloomberg Intelligence, click here.

The ...