Opinion / #oil
The US president’s second term is a pivotal moment for ESG, as his administration could reshape corporate responsibility globally.
The promotion of fossil fuel-driven growth by US President Donald Trump poses significant challenges but there are mitigating factors as well.
A handful of fashion brands – H&M, Ralph Lauren, Decathlon and Adidas – are working to stop using coal to power their factories in 2025, while others are prioritising decarbonisation at lower levels of ambition.
Instead of backtracking on net zero, companies are retracting unsubstantiated carbon neutrality claims – a positive development.
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