SEC's New Task Force Confirms Their Commitment to ESG Focus
Monday, March 8, 2021 A series of recent announcements by the SEC underscores the agency’s commitment—and allocation of resources—to its heightened focus on environmental, social and governance (“ESG”) issues. Significantly, on March 4, 2021, the SEC announced the creation of a Climate and ESG Task Force in the Division of Enforcement. 1 As discussed in a prior alert, companies should be prepared for greater scrutiny of their disclosures concerning ESG, as well as related litigation, and these recent developments reinforce that analysis. The Climate and ...
Source: natlawreview.com