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Companies Face Pressure to Justify the Sustainability Label

Along with marketplace rewards there has been increasing investor and regulatory scrutiny of whether ostensibly or self-proclaimed sustainable companies merit the designation. There is significant momentum for companies to provide sustainability disclosure that is reliable. ....

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SEC Commissioner To VA Sellers: You Must Comply With Reg BI, Too

Speaking last month at the American Law Institute Continuing Legal Education 2021 Conference, Commissioner Allison Herron Lee told life insurance company lawyers that variable annuity issuers will have to comply with the SEC’s Regulation Best Interest. ....

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The ESG Bandwagon In The United States - Corporate/Commercial Law


Bandwagon
noun
often attributive meaning 1. a usually ornate and high wagon for
a band of musicians especially in a circus parade; 2. a popular
party, faction, or cause that attracts growing support –
often used in such phrases as jump on the bandwagon ;
and 3. a current or fashionable trend.
1
The US Securities and Exchange Commission (SEC) recently
announced the creation of a Climate and ESG Task Force in the
Division of Enforcement
2. The SEC press release stated
that Consistent with increasing investor focus and reliance
on climate and [Environmental, Social and Governance] ESG-related
disclosure and investment, the Climate and ESG Task Force will ....

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