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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 private 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.