This article looks at the Public Company Accounting Oversight Board’s proposed auditing standards which feature major implications for ESG that could upend corporate audits.
A recent letter from 21 state Attorneys General to various asset managers demonstrates a focus on using antitrust and unfair competition laws to oppose ESG efforts. In this Client Alert, Latham & Watkins attorneys review the major enforcer and congressional statements over the past year that have raised antitrust and competition concerns with ESG initiatives; analyze how the AG Letter reflects a refinement of theories of harm under state and federal competition laws; and provide guidance to entities implementing ESG policies on how to minimize legal risks.
Learn about the Canadian Securities Administrators' year 8 report on trends on the percentage of women on boards and executive positions and the possible effects of ESG on those numbers.
ESG issues are playing an ever-increasing role in businesses and have an impact right across the employment, retirement benefits, tax, executive compensation and share incentives space. This trend of growing focus is expected to continue into 2023 and beyond. As such, when designing and reviewing compensation and benefit packages, it is increasingly important for companies to do so with its ESG strategy in mind.
On March 21, 2022, the U.S. Securities and Exchange Commission proposed long-awaited rule changes for climate-related disclosures for investors. In this article, learn five things that every compliance professional should know about ESG and five steps to take now.