What is ESG and country wise regulations ?
ESG stands for Environmental, Social, and Governance . It refers to three key factors used to measure the sustainability and societal impact of an organization or investment. ESG criteria are increasingly important for investors, companies, and stakeholders as they assess long-term risks and opportunities. Country-wise timeline of major ESG (Environmental, Social, and Governance) regulations: United States 1970 : Establishment of the Environmental Protection Agency (EPA) under President Nixon to enforce federal environmental regulations. 1990 : Clean Air Act Amendments to reduce pollution, including greenhouse gases. 2000 : Introduction of the Global Reporting Initiative (GRI) in the U.S., promoting sustainability reporting standards. 2010 : Dodd-Frank Act mandates disclosure on conflict minerals and mine safety for publicly listed companies. 2020 : SEC issues guidance on disclosing climate-related risks in financial filings. 2021 : The Biden administration proposed a climate-relat...