A Climate of Opportunity

ESG in a Second Trump Administration

A Climate of Opportunity

This report is a review of the trends at play in today’s sustainability environment that ensure we can all “stay the course” in the second Trump administration and see sustainability continue to thrive in the corporate sector.

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I don’t think the challenge or the need to address global
emissions is going to go away. Anything that happens
in the short term would just make the longer term that
much more challenging.
Darren Woods
CEO, Exxon Mobil, in a post-election interview with Politico at COP29, November 2024.

Report Highlights

US voters propel ESG progress

Voters in 19 states, including conservative regions like Louisiana and Montana, advanced ESG initiatives on environmental protections, anti-discrimination policies, and marriage equality. Despite pushback against “woke culture,” state elections confirmed that ESG values resonate with a broad spectrum of Americans.

Global accountability standards tighten by 2025

The EU’s Corporate Sustainability Reporting Directive (CSRD) raises the bar for transparency, requiring emissions data, sustainability plans, and measurable ESG progress. By 2025, CS3D and the EU Taxonomy will align with CSRD, leaving non-compliant companies facing fines, market restrictions, and reputational damage.

Market demand from younger generations

Gen Z and Millennials are driving corporate sustainability, with over 90% of Gen Z and 60% of Millennials choosing or paying more for sustainable products. Even among conservatives, 60% of Trump voters under 30 express concern about climate change in their communities, highlighting a generational shift that companies can’t ignore.

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