Environmental, social and governance (ESG) regulations in Europe have put companies such as TotalEnergies in a tight spot as they continue to pressure asset managers to invest in ESG standards. These regulations, which aren’t imposed on companies in America, have put businesses in Europe at a valuation and competitive disadvantage to their American peers.
Now, companies such as Unilever Plc and Mercedes-Benz Group AG are pushing back against these rules. The European Round Table for Industry recently stated that…
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