Conflicting ESG reporting rules pose a serious challenge to business

Companies are grappling with how to respond to conflicting environmental, social and governance regulations as the U.S., EU and California all require different climate disclosures, according to a new report from Thompson Hine.

Lack of clarity stemming from conflicting ESG requirements is now the biggest near-term ESG challenge facing public companies, with 41% of them citing the issue, according to a survey released Tuesday by a law firm.

Thompson Hine LLP received responses to its May survey from 152 U.S. in-house lawyers and other executives at public and private companies in manufacturing, financial services and other industries. More than a third came from public companies.

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