EU regulators are taking steps to increase transparency in the ESG sector and protect investors. Soon, ESG ratings agencies operating in the EU will be subject to formal regulation, including requirements for clear methodologies and disclosures on how ratings are determined. This move aims to boost investor confidence in ESG ratings.
SEC Pauses Climate Change Disclosure Rules
by Patrick Paul, Shawane Lee, and John Habib The Securities and Exchange Commission (SEC) recently made a significant decision to pause its implementation of new rules aimed at enhancing climate change disclosures by public companies. (Order Issuing Stay) This move, which was announced on April 1, 2024, comes as a surprise to many observers who…