Presiding: Chair Elaine Luria
The Subcommittee on Disability Assistance and Memorial Affairs will hold a fully remote hearing entitled The Toxic World of Presumptive Service Connection Determinations: Why Should Our Veterans Wait?
This meeting will be livestreamed on Youtube and Facebook.
Witnesses
Share December 09, 2020, 9:10 PM
The writer, a Los Angeles freelancer, is a former Detroit News business reporter who blogs at Starkman Approved.
By Eric Starkman
John Fox Despite a cacophony of calls from doctors and donors calling for his resignation and accusations that he’s compromised patient care, Beaumont Health CEO John Fox declared he will remain in his job “at least” two more years. The remarkable disclosure was buried at the bottom of a lengthy Crain’s Detroit Business story posted late Tuesday, declaring there were “no smoking guns” in the documents Beaumont filed with Michigan’s attorney general outlining the terms of its since-cancelled merger with Illinois-based Advocate Aurora. Crain’s said it obtained the so-called letter of intent after filing a Freedom of Information request and touted its “exclusive” interview with Fox.
On Wednesday, December 9, 2020 a coalition of 17 state attorneys general, led by Missouri Attorney General Eric Schmitt, filed an amicus brief in State of Texas v. Commonwealth of Pennsylvania, State of Georgia, State of Michigan and State of Wisconsin to urge the Court to grant Texas leave to file their original action. The brief can be found here.
“The integrity of our elections is of critical importance to maintaining our republic, both today and in future elections,” Attorney General Schmitt said. “The stakes of protecting our Constitution, defending our liberty and ensuring that all votes are counted fairly couldn’t be higher. With this brief, we are joining the fight.”
Unprecedented times call for unprecedented measures. As the saying goes, governments around the globe have taken drastic action to support their respective economies in the wake of the pandemic.
Within the first two months of the crisis, more than $10 trillion in relief packages were announced worldwide. This was three times more than the response to the 2008-2009 financial crisis.
As the leading world power, the US has already injected nearly 14% of last year’s GDP to rejuvenate its economy, according to Statista. This equates to about $3 trillion in money being printed.
Stimulus packages as a share of GDP. Credit: Statista
This paper attempts to provide a definition and context for the term,
Environmental, Social and Governance (“ESG”), explain how and why it is used, demonstrate how investors are driving the proliferation of ESG reporting, illuminate how investor reliance on ESG information creates new risks for reporting companies, and suggest steps attorneys can take to help mitigate the risks. This paper also provides a short summary on some hot topics in the ESG world.
I. The Evolution of ESG Disclosures
A. What is ESG?
In basic terms, ESG is a collection of information about a company’s operations in three broad areas of activity: Environmental, Social and Governance. It is data-based as well as narrative, and typically static or backward-looking. Increasingly, ESG reporting is goal-oriented and aspirational. Oftentimes, ESG is used interchangeably with the term “sustainability.”