For many years, the European Union moved ahead of the U.S.in developing laws and regulations to address the challenges of climate change and the expansion of corporate programs and related reporting for ESG issues.
In the U.S., the major regulatory bodies such as the Securities & Exchange Commission, the Federal Reserve banks, the Treasury Department, and other cabinet level and independent agencies avoided mandating disclosure rules for publicly-traded corporations for many social (S) and environmental (E) issues.
Remember those 1970s /early ‘80s ubiquitous TV commercials with the tag line, “When EF Hutton Speaks, People Listen?” The point was that when the EF Hutton financial services firm “said” something about investing possibilities, we would be wise to sit up and listen carefully to the advice. These days we are tuning in to the Securities & Exchange Commission to discern the future directions of corporate sustainability / ESG disclosure. To us it is clear: the broadening flow of comments indicates something is about to happen regarding corporate ESG disclosure.
The required financial reporting by publicly-traded companies is assured by third parties. The SEC rules require public companies to have an annual audit; audited financial statements have an opinion included from the auditing firms. Objective: determining if the statement presents information fairly and in line with GAAP (Generally Accepted Accounting Principles).
What are the steadily rising investor expectations for the corporate sectors’ climate change actions and expanded disclosures? We can examine the expectations of leading asset owners/fiduciaries and their asset managers to understand their views on the ESG / sustainability disclosure practices of issuers they provide capital to. This includes keeping close watch on individual institutions and especially the collaborations of investment organizations they participate in.
For example, asset owners and external asset managers are asking many more questions now about the sustainability journey of the companies they are invested in, including ESG strategies, actions, performance, metrics, outcomes, recognitions, and more.
Selling “at retail,” both direct to consumers and through business partners to consumers in both digital and physical spaces, is a rapidly changing (every day!) area of the economy.
NEW ORLEANS, June 16, 2021 /3BL Media/ - Points of Light, the world’s largest organization dedicated to volunteer service, has named Entergy Corporation as a 2021 honoree of The Civic 50.
For the sixth consecutive year, Entergy has been recognized as one of the 50 most community-minded companies in the United States. The Civic 50 provides a national standard for corporate citizenship and showcases how companies can use their time, skills and resources to drive social impact in their communities and company.
Eons ago as then-existent forms of life on Earth died off, decomposing remains became fossils…or relevant to current “heated” conversations about the future of energy, the stuff of today’s “fossil fuels.” Coal, crude oil, natural gas. As National Geographic explains for us, these fuels found in the Earth’s crust contain important amounts of carbon and hydrogen, which can be burned to create the energy we need in our modern times.
The Biden-Harris Administration continues to roll out details of new, proposed or adjusted policies, rules, programs, federal government financing plans (budgeting) and various actions to address what the leaders characterize as “the climate crisis”.
Business and financial activities in “APAC”, the Asia / Pacific Basin Region are vital to the economies of the rest of the world. Think of the region’s leading sovereign economies…in order of magnitude, consider the impact of the economies of China, Japan, India, South Korea, Australia, Indonesia (these are the top economies).
