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Biden names Allison Herren Lee as acting chair for SEC

Biden names Allison Herren Lee as acting chair for SEC
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The Growing Importance Of ESG In M&A Transactions - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. As environmental, social and governance (ESG) factors have become a growing focus for companies and their shareholders, financiers, employees and other stakeholders, they have also become increasingly important to the success of M&A transactions. ESG factors are now seen as important value drivers for dealmakers, as well as being essential to corporate values and reputational expectations. Effective diligence, evaluation and management of ESG considerations are critical steps for parties to take to mitigate risk, achieve beneficial outcomes and synergies, and successfully execute transactions. This article explores key

Climate Change SEC Financial Disclosures: Will New Rules Come With A New President? | Quinn Emanuel Urquhart & Sullivan, LLP

[co-author: Kingsly McConnell, Associate at Marten Law] Incoming President-elect Biden s climate change agenda will likely reach the Securities and Exchange Commission (SEC), which under a new Chairperson is expected to establish new disclosure requirements for publicly traded companies to inform investors of the exposure to climate change risks and the potential impacts of upcoming climate change-related regulations. After SEC Chairman Clayton steps down by the end of the year, President-elect Biden will select a new SEC Chairperson and has signaled that his Administration will prioritize climate-related rulemaking. Current Democratic SEC Commissioner Allison Lee has advocated strongly for robust climate risk disclosures. Janet Yellen, President-elect Biden’s nominee for Treasury Secretary, a position that heads the Financial Stability Oversight Council that can recommend agencies undertake new rulemakings, has also shown interest in establishing climate risk disclosures.

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