The Marsh 2022 "Political Risk Report" indicates areas—both geographical and by economic or political risk factor—in which companies need to be paying more attention to their potential exposures.
The SEC launched an ESG task force last year, a reflection of heightened scrutiny of the sector that's expected to create myriad legal and regulatory headaches for corporate executives.
Public companies and their stakeholders often struggle with effective environmental, social and governance programs in the absence of clear and common standards and regulations. But the landscape is rapidly changing in a way that will likely impose new risks and costs on companies.