Professor Julie Anderson was Quoted in an S&P Global Article

The article discusses climate risk reporting mandates in California and Europe even as incoming president Donald Trump is expected to roll back the rule.

• In California, companies with at least $1 billion in annual revenue must report their direct and indirect emissions.
• The European Union already has climate risk disclosure regulations in place for companies doing business there.
• ESG as a term has become politically charged, and the market is trying to determine how to meet ESG goals without pushback from political opponents.

Professor Anderson said: "Data is power, and every single analyst and portfolio manager out there is looking for anything that will help give them an insight into how to outperform. If non-financial [ESG] factors have the ability to have a financial impact, they will be traded upon."

Read the article here.