United States ESG Content

On March 26, 2024, the Securities Division of the Mississippi Secretary of State's Office entered a Summary Cease and Desist Order and Notice of Intent to Impose Administrative Penalty (the "Order") against an asset manager, alleging that it "has made and continues to make untrue...

Parts of the rules package proposed by Wyoming Secretary of State Chuck Gray on Environmental, Social, and Governance ("ESG") investment disclosure and consent went into immediate effect on February 27, 2024 and require compliance as of that date.

On March 6, 2024, the SEC voted 3-2, along party lines, to adopt final rules on The Enhancement and Standardization of Climate-Related Disclosures for Investors. The rules apply to public companies.

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 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...

Governor Newsom signed into law the "California Climate Accountability Package" (Climate Package). In a signing message, Newsom noted the need to refine the Climate Package and expressed a willingness to work with the business community to address their concerns through rulemaking and...

On September 28, 2023, ICI submitted a letter regarding proposed amendments to the Wyoming Secretary of State's Securities Rules that would "require disclosure of Environmental, Social, and Governance ('ESG') investment strategies by requiring investment advisers [and their...