X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Stock illustration: Climate change

Environmental, social, and governance (ESG)–related news was splashed across headlines throughout 2021. The U.S. and U.K. governments have set the most ambitious carbon-reduction goals on record. Anheuser-Busch InBev announced a $10.1 billion sustainability-linked revolving credit facility, the largest ever for a publicly listed alcohol company. And BlackRock—the loudest investor voice calling for companies to improve in terms of ESG—put its own reputation on the line with a $4.4 billion loan tied to improving the diversity of its workforce

On June 15, the U.S. Securities and Exchange Commission (SEC) ended a comment period on new climate change disclosure rules. Now, SEC staff are re-evaluating requirements around corporate ESG disclosures , with an eye toward the public input they’ve received. The agency’s intention is to ensure the SEC is “facilitating the disclosure of consistent, comparable, and reliable information on climate change.” Separately, the SEC issued a warning to investment firms to rein in misleading marketing of ESG funds amid a backdrop of record inflows.

Pressure from investors, regulators, and peers is compelling CEOs across America to weigh in on ESG-related issues such as climate change and voting rights. According to a survey jointly released last April by ING and research firm Longitude, the majority of corporate executives (57 percent) are accelerating their organization’s green and social-transformation plans. American boards and C-suites are increasingly feeling the need to act.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2022 ALM Global, LLC. All Rights Reserved.