The SEC Reaches a Milestone in ESG and Climate Disclosures
By Tom Swallow
Corporations have spent the past few years getting their environmental, social and governance (ESG) affairs in order and collating adequate information to display their commitments to governing bodies and investors. In the US, the Securities and Exchange Commission (SEC) has released a detailed proposal to enforce climate disclosure among public sector companies.
This means that ESG is going to become a part of everyday business practice—even more so than it already has—and public sector organisations, if the proposal is successful, will be required to meet certain criteria for ESG reporting.