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Mat Szwajkos/Getty Images; Joshua Roberts/Getty Images; Jason Reed/Reuters; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. A new administration has asset managers hopeful for progress on a longtime issue: ESG data. Biden is expected to take on topics like climate change, which the industry believes could usher in more ESG growth. But ESG has no clear-cut definition, and investors say smartly analyzing data must be part of the equation. A new administration, including a passionate new head of the Securities and Exchange Commission, Gary Gensler, has the asset management industry hopeful for meaningful progress on a longtime issue: data for environment, social, and governance-focused funds. ....
Mat Szwajkos/Getty Images; Joshua Roberts/Getty Images; Jason Reed/Reuters; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Firms are pushing deeper into sustainability as Biden s administration eyes a stronger ESG approach. The administration has already ushered in wins for climate activists and may finally look to define ESG. We asked industry insiders how firms were addressing the rise in socially responsible investing. This story was originally published on February 9, 2021, and has been updated to reflect ESG-related statements the SEC has made since then. President Joe Biden s administration has already ushered in wins for climate activists, from rejoining the Paris climate agreement to banning oil companies leases on federal land. ....