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North American Morning Briefing: Stock Futures -2-
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GKN Aerospace wins follow-on contract for PAC-3 MSE launch tubes
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Trump budget chief refuses to resign from Naval Academy board
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After Outcry from Female Vets in Congress, Pentagon Revives Committee on Women in Service
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U.S. financial institutions should enhance their compliance with environmental, social and governance (ESG) issues because regulators are watching
With U.S. financial regulators stepping up their oversight of environmental, social and governance (ESG) issues, financial firms would be well-advised to take steps that could ease their compliance once new rules come into force, according to legal and consulting firms.
Upcoming ESG company disclosure rules, for example, are likely to impact decision-making around bank lending and investment practices, leading to a shift away from clients who are not adhering to sustainability objectives and policies, including around climate issues. “Financial institutions should be identifying and quantifying their exposures to high-carbon industries as they determine their strategies for managing transition risk in those sectors as well as developing financing solutions to support clients