Environmental, Social and Governance Factors
Introduction to Materiality and Disclosure Requirements
Environmental, social, and governance (ESG) issues remain a highly debated concept among investors and public policy officials. As ESG is not a legally defined term and it encompasses a wide array of issues, arguably, what should be considered ESG is subject to interpretation. In recent Congresses, including the 119th, some members have introduced proposals in support of and against ESG-related disclosure requirements, including materiality requirements. Furthermore, efforts are underway to roll back climate disclosures at the Securities and Exchange Commission (SEC), the president has recently signed an executive order to end diversity, equity and inclusion (DEI) issues in federal contracting,…
