International environmental, social and governance (ESG) rules have been increasing at a rapid pace in both number and breadth. Many of these regulations may implicate both public and private US companies because they are designed to have an extraterritorial effect – either directly by requiring ESG disclosure for overseas businesses operating in the region or indirectly by forcing businesses to take ownership of their ESG risk throughout their value chain, meaning that US-based suppliers or customers may become indirectly part of the reporting regime.
Our new alert series aims to inform US companies about these evolving global ESG requirements.