ESG Content

The SEC's Office of Credit Ratings recently issued its annual report on nationally recognized statistical rating organizations for calendar year 2021.[1] The Report, among other matters, summarizes the staff's findings from its most recently completed examination of each NRSRO...

On 20 December 2021, the European Commission published a set of frequently asked questions (FAQs) to provide implementation guidance on the Disclosures Delegated Act under Article 8 of EU Taxonomy Regulation.

The Department of Labor (DOL) and the Treasury Department and Internal Revenue Service (IRS) recently issued their updated Fall 2021 Semi-Annual Regulatory Agendas (Agendas), which include projected dates for issuance of proposed and final regulations.

SEC Commissioner Caroline Crenshaw, in recent remarks, discussed climate-related public company disclosure and the private markets.

The House Financial Services Committee, Subcommittee on Diversity & Inclusion, recently produced a report and held a hearing on diversity and inclusion in America's largest investment management firms.

On 4 November 2021, the International Platform on Sustainable Finance (IPSF) published the Common Ground Taxonomy package, including an instruction report and a Common Ground Taxonomy Table that is open for public feedback until 4 January 2022.

ICI has filed a comment letter with the Securities and Exchange Commission on its proposed amendments to enhance reporting of proxy voting information by registered investment companies ("funds") and institutional investment managers ("managers") on Form N-PX ("Proposal").

The MSRB has issued a Request for Information (RFI) to solicit public input on environmental, social and governance (ESG) practices in the municipal securities market. The Board is seeking this input as part of its broader engagement on ESG trends.

On 10 November 2021, the Association of Southeast Asian Nations (ASEAN) released Version 1 of the ASEAN Taxonomy for Sustainable Finance (ASEAN Taxonomy), in conjunction with the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26).