More Scope 3, less ESG: Sustainability disclosures amid shifting policy environment
"Many companies are adjusting terminology in response to backlash."
Companies are phasing out the term ‘ESG’ from their sustainability reports amid an anti-ESG backlash – but more firms than ever are reporting their Scope 3 emissions.
Two recent studies of companies’ sustainability reports in 2024 and 2025 suggest that the corporate world may be adjusting its language to avoid drawing attention from anti-ESG politicians, while at the same time continuing to expand their sustainability data collection and disclosures.
