ESG Working Group Updates
Updates on ESG regulatory risks
SEC
Interview with Kristina Wyatt, who led the SEC’s rulemaking team through drafting proposed climate disclosure rules
Among the reopened releases is The Enhancement and Standardization of Climate-Related Disclosures for Investors…
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Congress
Democrat lawmakers asked the Electric Reliability Council of Texas to disclose details on power usage and emissions from cryptocurrency miners…
Congressman Frank Lucas pushing legislation that he feels is necessary to keep farmers and ranchers from being saddled with burdensome emissions reporting requirements…
CFTC
Treasury
Treasury and the Internal Revenue Service issued six Notices requesting public input on key climate and energy tax incentives…
General News
standards from Race to Zero, a group affiliated with the UN, could lead to antitrust issues
During their meeting on climate economics, the ministers and central bank governors…
Janet Yellen discussed how the Inflation Reduction Act will accelerate clean energy development in the United States…
Banking
While the debate continues, energy market providers remain between a rock and a hard place in terms of developing their own firm strategies
…climate-related financial risk at the American Bankers Association
Areas identified for heightened risk-based supervision in the new fiscal year include
States
BlackRock will lose nearly $1 billion in assets under management by the end of 2022