Tag: Securities and Exchange Commission
The long and winding road to financial reporting standards
Setting standards for sustainability reporting is complex. Can we learn from the past 150 years of setting financial reporting standards?
Norges Bank backs mandatory US climate risk reporting
Heavyweight investor’s support boosts Securities and Exchange Commission’s controversial proposed US rules on board ESG disclosures.
Business Roundtable takes aim at SEC climate risk reporting
Among its complaints, the Business Roundtable argues that no ‘safe harbor’ in the rules will increase the risk of corporate liability.
Supreme Court ruling ‘may derail SEC’s climate reporting rules’
The decision to limit the US Environmental Protection Agency’s powers leaves the reporting rules open to challenge, fear observers.
SEC unveils plan for mandatory climate reporting
SEC chair Gary Gensler says the measures will provide investors with “reliable information about climate risks to make informed decisions”.
SEC set to issue proposals on US climate change disclosures
Three-quarters of the 550 responses to the SEC consultation are said to be in support of mandatory climate reporting.
We need clearer, more consistent information on ESG
US financial watchdogs are consulting on the introduction of ESG reporting for US companies. Nell Minow makes the case for better data.
US firms ask SEC to introduce global standards on climate reporting
Major US companies including Apple and BlackRock want to see the TCFD framework and global standards integrated into US reporting rules.
Controversy as US moves towards mandatory ESG disclosures
After the SEC’s acting chair indicated the US could introduce mandatory ESG disclosures, experts are laying out the arguments against it.
ISS launches lawsuit against the SEC over proxy adviser guidelines
The proxy advisory firm has asked that new regulatory demands be set aside, claiming the watchdog “lacks authority” and its actions are “contrary to law”.