ESG Content

This morning, the SEC voted 3-2, along party lines, to adopt final rules on The Enhancement and Standardization of Climate-Related Disclosures for Investors. This rule applies to public companies.

On January 30, 2024, the Chamber of Commerce along with several other business federations and associations, filed a complaint in the United States District Court for the Central District of California against the California Air Resources Board ("CARB") and two of its leaders. The...

This memorandum catalogues significant ESG related developments that have occurred since August 22, 2023. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.

On December 14, 2023, the ESG Data and Ratings Working Group (DRWG), convened by the UK Financial Conduct Authority (FCA), finalized the voluntary code of conduct for ESG ratings and data providers. The FCA welcomed the launch of the code of conduct, noting that the code of conduct...

On December 18, 2023, the Attorney General for the State of Tennessee filed a Civil Enforcement Complaint in the Circuit Court of Williamson, Tennessee against an asset manager, alleging that its "marketing or sale of its investment products and services constitutes deceptive acts and...

ICI Global submitted the attached response to the European Commission's targeted consultation on the implementation of the Sustainable Finance Disclosures Regulation (SFDR).

ICI Global submitted the attached letter to the Call for Evidence launched by the UK Department for Energy Security and Net Zero on the cost, benefits, and practicalities of Scope 3 greenhouse gas (GHG) emissions reporting in the UK.