Law360 (March 19, 2021, 9:13 PM EDT) -- A panel of U.S. Securities and Exchange Commission members and industry executives convened virtually Friday to discuss the development of a new environmental, social and governance, or ESG, disclosure framework, casting a cacophony of contrasting views that foreshadow the arduous task that may lie ahead for the agency.
The speakers, including representatives from BlackRock and Wellington Management, largely on a one-by-one basis addressed a December recommendation from the SEC's ESG subcommittee that called for the adoption of new standards for public companies that issue securities — or issuers — to disclose "material ESG risks."
Among those representing issuers was Yafit Cohn,...
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