Even in advance of Chair Gensler’s confirmation hearing, the SEC has been signaling its increasing focus on ESG issues. On March 4, the SEC announced its creation of a Climate and ESG Task Force in the Division of Enforcement. On April 9, the staff of the Division of Examinations issued a Risk Alert concerning its Review of ESG Investing. What do reporting entities need to know, and how should they prepare for what is coming?
This recorded discussion from Sidley’s Securities Enforcement and Regulatory group features partners Hardy Callcott and Barry Rashkover and counsel Sara von Althann as well as Capital Markets partner Sonia Barros, who explain what’s going on behind the scenes and preview the implications of these and other changes.