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Compliance 'well-situated' to handle increasing ESG scrutiny | Article


By Aaron Nicodemus2021-05-19T15:30:00+01:00
Whether your company is several years into measuring environmental, social, and governance (ESG) initiatives or just getting started, compliance departments are uniquely positioned to help.
The Securities and Exchange Commission has made it abundantly clear that it will likely require publicly traded companies to disclose risks associated with climate change and ESG. The agency has launched a number of initiatives and created new positions that telegraph this intention. Companies will have to be careful in how they describe these ESG-related risks, both to avoid lawsuits from disgruntled investors when generic wording or lofty goals don’t meet reality and to avoid describing ESG initiatives as more effective than they really are, also known as greenwashing. ....

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