Fiduciary Duty in the 21st Century
Investors, and the boards responsible for their oversight, that fail to incorporate ESG issues are failing their fiduciary duties and are increasingly likely to be subject to legal challenge.
Since the Fiduciary Duty in the 21st Century study began, markets around the world have increasingly incorporated ESG issues into expectations around fiduciary duty - including the EU, UK, Canada and China. The U.S. remains the laggard among developed economies.