Climate disclosure and ‘No Action’ process under review by SEC as regulator asks market for input on ESG

Herren Lee says investor demand for information ‘not being met by the current voluntary framework’ and floats creation of ESG standard setting body

The head of the US Securities and Exchange Commission (SEC) has hinted that mandatory climate disclosure by corporates is needed to provide investors with the information they need. 

In another sign that the world’s biggest financial market will move to introduce reporting require…

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