Below is an excerpt from ISS ESG’s thought leadership paper “Can the Biden Administration Unlock the United States’ Sustainability Potential?“ The full paper is available for download from the Institutional Shareholder Services (ISS) online library.
Amidst four different but intertwined crises – the COVID-19 pandemic, the global economic crisis and high unemployment rates, the increasing racial tensions, and the climate crisis – the next government of the United States faces unprecedented challenges. In addition, compared to some of its peers, the U.S. currently does not hold a leadership position in terms of sustainability. Consequently, the heralded policy change towards more ambitious sustainability commitments leaves ample room for improvement, not only vis-à-vis the previous administration, but also in the context of long-term sustainable development.
Janina Magdanz, Analyst, ESG Country Ratings, ISS ESG
Hendrik Leue, Associate Vice President, ESG Country Ratings, ISS ESG