Is the World Round or Flat?

The debate on ESG (Environmental, Social, and Governance) investing in the U.S. mirrors historical conflicts over scientific progress, such as the acceptance of a round Earth. While Europe and other regions broadly accept ESG, the U.S. remains divided. "Reactionary" ESG skeptics, often right-wing, reject ESG outright, while "revolutionary" skeptics, typically left-wing, demand broader ESG goals. Standardized sustainability accounting is crucial for clear investor decisions, preventing politicization, and ensuring effective ESG integration.