The Dutch Association of Investors for Sustainable Development (VBDO), managing €10 trillion in assets, has called on corporations to accelerate action on plastics to reduce their environmental impact. The VBDO has called for corporations to set ambitious targets to reduce plastic use and eliminate single-use plastics to reduce their environmental impact. This call to action is expected to have significant effects on corporations across the globe in terms of sustainability and ESG.

This month, Deloitte released a new a new poll that shows that private equity investors (PEI) could be paving the way when it comes to ESG diligence procedures and considering ESG provisions in M&A. According to the poll, PEIs are leading by factors of two or three compared to their corporate peers when it comes to the use of ESG clauses in deal contracts and routine ESG due diligence.