Market participants are expecting a Biden-Harris administration's “build back better” blueprint trumpeted during the campaign--in effect, connecting ESG issues to a post-COVID economic recovery--to accelerate ESG investing trends.  Among the many potential changes (including reversing changes to nearly 100 environmental rules the current administration reportedly affected), includes a "full court" federal government approach to climate change, which President-Elect Biden sees as "an existential threat."  A focus on arriving at a uniform, clear definition of climate and "S" and "G" in the current environment of numerous approaches, although requiring resources and careful attention, may well be a welcome development for companies struggling to satisfy investor (and likely regulatory) scrutiny of what companies represent about their practices.  From a governance and risk perspective, now is the right time to consider these issues, before the regulators come knocking....