March 17, 2021
The following was adapted from a presentation March 15 by Allison Herren Lee, acting chair of the U.S. Securities and Exchange Commission. The entire presentation, A Climate for Change: Meeting Investor Demand for Climate and ESG Information at the SEC, which includes more than 30 footnotes, can be found
.
I’ve had the honor of serving as acting chair of the SEC for nearly two months now, and I appreciate the opportunity to reflect on the enhanced focus the SEC has brought to climate and ESG during that time, and on the significant work that remains. Along with shepherding the agency through the transition and supporting the work of the SEC staff, no single issue has been more pressing for me than ensuring that the SEC is fully engaged in confronting the risks and opportunities that climate and ESG pose for investors, our financial system and our economy.
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Elections have consequences, as they say, and one of those
consequences is new leadership at the SEC who bring with them a
markedly different agenda. In remarks yesterday to the Center for
American Progress, entitled
A Climate for Change: Meeting Investor Demand for
Climate and ESG Information at the SEC, Acting SEC Chair
Allison Lee provided important insights into where the SEC is
headed with regard to environmental, social and governance issues.
As Lee confirmed in the introduction to her speech, no single
issue has been more pressing for [her] than ensuring that the SEC
Elections have consequences, as they say, and one of those consequences is new leadership at the SEC who bring with them a markedly different agenda. In remarks yesterday to the Center .