Chapter 9 The New ESG Regulators

Back in the 1970s, 1980s, and 1990s, if companies wanted to read about the latest developments in pending environmental, health, and safety (EHS) requirements, the vice president of EHS tracked regulatory developments from the U.S. Environmental Protection Agency (EPA)—and similar agencies globally. The core business issue was managing risk and the responsibility was squarely in the hands of corporate executives managing EHS.

Today, the issue is increasingly about business opportunity (while paying close attention to risk). The company’s vice president of strategy reads Bloomberg New Energy Finance and similar news feeds from mainstream investors.

So who are the new regulators? Who sets the basic environmental, ...

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