Climate change and ESG are topics that have been repeatedly addressed by regulators around the world. The Securities and Futures Commission of Hong Kong and the Monetary Authority of.
When the Dodd-Frank Act passed in 2010, an urgency existed to enact its many provisions. A decade later, 11 of its rules remain unfinished. Will a change in leadership at the SEC get the law across the finish line?
<p><span>Good morning. Thank you Jennifer, Heidi, and all the committee members for having me. I enjoyed meeting with members of the Executive Committee yesterday and am thrilled to meet the whole committee for the first time. I’m grateful for the members’ time and willingness to represent the interests of American investors.</span></p>
On 20 May 2021, President Biden announced an Executive Order to help “tackle the climate emergency,” a top priority for his Administration.1 The Executive Order builds upon the.
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In a previous article, we noted the increasing pressure on companies to bolster their proactive efforts on and disclosures relating to, Environmental, Social, & Governance (“ESG”) issues. We highlighted the United States Court of Appeals for the Ninth Circuit s decision in Juliana v. United States. The plaintiffs in Juliana were young Americans seeking relief from the federal government, which they contended had injured them by allowing and promoting the use of fossil fuels. The Ninth Circuit reversed the decision of a lower court, holding that the plaintiffs claims should have been dismissed. The appellate court s order of dismissal resulted from its conclusions that the plaintiffs lacked a concrete injury sufficient to give them standing to pursue their claims and that ordering the federal government to adopt a comprehensive scheme to decrease fossil fuel emissions and combat climate change would exceed the remedi