In a paper commissioned by the NYU Stern School of Business, Distinct Impact of Environmental and Governance News on Food Stocks, the authors, which includes Mayer Brown’s Carlos Juarez, examine the impact of events and news related to a company’s connection to climate change, and the impact on financial returns in order to determine
ESG
From Non-GAAP Measures to KPIs…
By Anna T. Pinedo on
In a recent speech, Commissioner Kara Stein addressed a number of disclosure related concerns, including cyber disclosures and ESG disclosures. Just as many of us had been reading about a decline in the number of SEC Staff comments regarding the use of non-GAAP measures in SEC filings, Commissioner Stein’s remarks seemed to focus renewed attention …
SEC Petitioned for an ESG Disclosure Rulemaking
By J. Paul Forrester on
On October 1, 2018, a public petition was filed with the US Securities and Exchange Commission for a rulemaking on environmental, social and governance (ESG) disclosure. The Petition was authored by two law professors and signed by investors and associated organizations representing more than $5 trillion in assets under management.
This Legal Update outlines what…