With the U.S. midterm elections just weeks away, increasing numbers of employees are being encouraged to serve civil society helping repair the world. There are a myriad of possible elements in the “S” (Social) component of ESG, but what they have in common is they are about social relationships, from a business’ relationship with its … Continue Reading
As we work with a flood of businesses now considering their place in the environmental, social, and governance (ESG) space, the number one concern that we hear expressed is A Call for Comprehensive and Clearer ESG Disclosures. As I expressed in that blog post some weeks ago, today there is simply no regulatory guidance for … Continue Reading
A January 18, 2021 report by the UK Independent Anti Slavery Commissioner is both a wake-up call and a useful guide on preventing modern slavery and human trafficking. In the Western world there are low levels of awareness of the prevalence of modern slavery. Yet today there are more than 40 million people in modern … Continue Reading
Public companies in the U.S. find themselves at a dynamic time of emergent environmental, social and governance (“ESG”) disclosures. New appointees in the Biden Administration, from the SEC and the Labor Department to the top White House economic advisor, all signal mandatory ESG disclosures. The idea of ESG began in 2004 with a United Nations … Continue Reading
Earlier this month the U.S. Department of Labor put another nail in the coffin of environmental, social and governance (“ESG”) disclosures. Media sources have reported that the Employee Benefits Security Administration in the Department of Labor sent letters to a group of Registered Investment Advisors requesting detailed information within 2 weeks about their use of … Continue Reading
Investments by individuals and institutions driven by environmental, social and governance matters continue to remain front and center in the minds of boards of directors, government regulators and the media. Of course, there is no single or even widely accepted definition of ESG and some have suggested that any analysis of environmental, social and governance … Continue Reading