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Where the ESG industry goes next after Trump-fueled selloff

November 8, 2024 7:00 PM EST

The reelection of Donald Trump has introduced significant headwinds for the ESG industry, with potential regulatory and legal shifts that are expected to reshape corporate practices in the coming years, according to Jefferies analysts.

The firm said in a note Friday that one immediate concern for ESG investors will be rising legal risks.

Jefferies suggests that ESG fund managers might need to have legal experts on hand, as the risk of antitrust action and legal battles... More