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Opinion: Corporate responsibilities on climate are changing

Article content While a ‘black swan’ is a term for an event that no one imagined or anticipated, COVID-19 and approaching climate change risk is a Gray Rhino, something that people foresaw, but may or may not have planned for. As the availability of vaccines increases and the existential threat of COVID-19 reduces, the omnipresent crisis of climate change is top of mind for many as we think about a sustainable financial recovery. However, building back better not only applies to our infrast...
United States France General Justin Trudeau Margot Hurlbert Mark Carney Canada Expert Panel On Sustainable

SEC Names Alex Oh New Enforcement Division Director

SEC Names New Head of Enforcement Alex Oh, who joins from law firm Paul, Weiss, Rifkind, Wharton & Garrison, replaces Stephanie Avakian, who stepped down from the role in December after a four-year tenure under the Trump administration. The Securities and Exchange Commission has appointed Alex Oh, previously a partner at the law firm Paul, Weiss, Rifkind, Wharton & Garrison, as its new director of enforcement. She succeeds Melissa Hodgman, interim director since January, and Stephanie Ava...
United States Stephanie Avakian Barbara Roper Melissa Hodgman Kelly Gibson Gary Gensler

SEC Redoubles Focus On Climate Change, ESG Disclosures - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. The Securities and Exchange Commission (SEC) announced in recent weeks multiple efforts to highlight climate change in corporate disclosures and to increase scrutiny and, potentially, enforcement focus on company disclosure efforts on climate and other environmental, social, and  governance (ESG) matters. While the topic of ESG disclosures is not new, the increased attention to the topic, an...
New York United States Eladl Roisman Carolinea Crenshaw Gary Gensler Allison Herren Lee
Source: mondaq.com

SEC Acting Director Emphasizes Need To Both Adapt And Innovate For Effective ESG Disclosure - Corporate/Commercial Law

In his statement, Mr. Coates outlined a number of considerations that should be addressed in order to establish an effective ESG disclosure system.
John Coates Enforcement Task Sec Division Of Corporation Finance Corporation Finance Acting Director John Coates Sec Acting Director Emphasizes Need To Both Adapt And Innovate For Effective Esg Disclosure Corporate Commercial Law
Source: mondaq.com

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10 more Rhode Island businesses hit with COVID compliance orders

Rhode Island’s COVID-19 Enforcement Task Force has issued compliance orders to ten businesses in the last two weeks for failing to comply with a range of public health directives related to COVID-19. The COVID-19 Enforcement Task Force is a collaboration between the Rhode Island Department of Health (RIDOH) and Rhode Island Department of Business Regulation (DBR). Eight of these establishments were food businesses and two were barbershops. In many instances, inspectors observed staff and patr...
Rhode Island United States East Providence Andrea Hotel Enforcement Task Subway Restaurant

SEC: ESG Exams, Enforcement and Regulations are Coming

Monday, March 8, 2021 Environmental, social and governance (ESG) matters will increasingly be a priority for the Securities and Exchange Commission (SEC) as evidenced by: the SECs announcements last week of the formation of a Climate and ESG task force under the purview of the SECs Division of Enforcement; the identification of ESG issues as a 2021 examination priority by the SECs Division of Examinations on March 3; and the March 2 Senate confirmation hearing testimony of Gary Gensle...
Eladl Roisman Gary Gensler Satyam Khanna Allison Herren Lee Joe Biden John Coates

SEC Announces Enhanced Review Of Climate-Related Disclosure - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. The Acting Chair of the Securities and Exchange Commission (the "SEC") announced on February 24, 2021 1 that she has directed the Division of Corporation Finance to conduct an enhanced review of climate-related disclosures in public filings. In 2010, the SEC issued guidance 2 to assist companies in crafting their disclosures related to the impact of climate change. The new announcement states...
Exchange Commission Enforcement Task Division Of Corporation Division Of Enforcement Acting Chair Corporation Finance
Source: mondaq.com

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