
The Sustainability Pendulum: Stakeholders Set the Course
Sustainability took several hits in 2025, though none delivered a knockout blow. Regulatory progress slowed in both the U.S. and Europe, and mounting political pressure might suggest a retreat. Yet the underlying trend remains intact. Stakeholder demand continues to exert powerful influence beyond regulation. Clients, employees, local communities, and the media still expect measurable, verifiable commitments on climate action, human rights, and responsible governance. Institutional investors, particularly outside the U.S., are maintaining ESG criteria in fiduciary mandates. This has led to a disconnect: ...