Resnic
Diamond Member
- May 2, 2021
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Glen beck discusses how ESG is going to become law in Europe and how that will come to America to any companies that do business in America and spread from there.
![news.bloombergtax.com](https://db0ip7zd23b50.cloudfront.net/dims4/default/6843202/2147483647/legacy_thumbnail/960x369%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F4c%2F41%2F28ef54ba4f52a2664cd173ca936b%2Fbli-esg-image-1.png)
EU’s ESG Reporting Standards Move Ahead While Global Rules Lag
Multinational companies will face a growing burden of sustainability reporting over the next few years, largely from new European standards rather than the UN-backed rules announced with much fanfare a year ago.
Now this will happen and they will enforce it. It's no different than how companies work now. Like my wife works for a company that makes stuff for ikea, some hotel chains and so on. She always has to do audits with representatives from those companies and they all make stipulations on the company in order to get their business. So pushing esg scores in will just meld right into it all.