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Strategy Dialogue 3:00pm – 3:50pm EN

Capital in a Fractured World: ESG Under Geopolitical Pressure

ESG was supposed to be the lingua franca of global capital — shared disclosure regimes, aligned sustainability frameworks, a rising tide of common rules. In 2026 that consensus has fractured. The US is pulling back from DEI and ESG language; the EU is pushing harder with CSRD and SFDR; Japan sits in the middle; and emerging markets increasingly operate on their own terms. Allocators now face a concrete choice: keep the frameworks and lose US deal flow, strip the language and lose European credibility, or find a third approach that keeps impact capital moving when the geopolitics no longer cooperate. This closed-door dialogue brings senior capital allocators into one room to compare what they're doing in practice and design at least one concrete investment approach that can survive the fracture — committable within the next 12 months.