Accounting Today

What the SEC Wants Now in ESG

In this opinion piece for Accounting Today, Ron Kral of Kral Ussery uses CompanyIQ comment letter data to suggest that companies need to be ready for ESG disclosures. Below is an excerpt.

While the environmental, social and governance arena may soon see a seismic shift in disclosure requirements, there has been no shortage of regulatory scrutiny based on existing requirements.

No matter one’s viewpoint on ESG, the reality is companies need to take notice. The U.S. Securities and Exchange Commission’s Division of Corporation Finance (Corp-Fin) has been busy on the ESG disclosure front through comments to SEC registrants (i.e., public companies). Understanding the SEC comment letter process and current trends is important in keeping within the good graces of this important regulator.

This article focuses on the ‘E’ of ESG by drawing attention to recent environmental and climate-related comments through a report conducted by MyLogIQ titled “An Analysis of Climate Related Comment Letter Themes.” This report is based on research from MyLogIQ’s comment letter database and analyses of 620 environmental and climate-related comments issued by Corp-Fin to 76 public companies between July 2021 and January 2023.

admin

Share
Published by
admin

Recent Posts

‘Mission First:’ Military Directors More Likely to Hold CEOs Accountable

Boards have been steadily reinforcing their ranks through the addition of more directors with military…

2 months ago

Boards Consider Politically Connected Directors Under New Administration

Governance Professionals Caution Against Knee-Jerk Reactions to Shifting Political Winds Meta Platforms added Dana White,…

2 months ago

Let It Snow: CEOs with Cozy Pay and Cold Returns

Where CEO pay climbed and performance sank last year Danaher and United Parcel Service were…

3 months ago

How Boards Can Craft a Next-Level AI Strategy for 2025

As artificial intelligence grows more accessible, boards may have no choice but to embrace it…

3 months ago

Director Details: Who’s at the Table in 2024

A look at the demographics and skills of S&P 500 directors. Corporate boards have greater…

3 months ago

Long-Tenured Independent Directors Lower Litigation, Activist Risks

Companies with independent directors who've served on the board for more than 15 years are…

3 months ago