The Securities and Exchange Commission has extended the comment period for its controversial climate-related disclosure rule to allow interested parties more time to consider the issues and share feedback.
ESG/Social Responsibility
Posted inAccounting & Auditing
Need to know: SEC climate-related disclosure attestation requirements
While the Securities and Exchange Commission’s proposed climate-related disclosure rule is being finalized, affected companies should begin considering new attestation requirements for accelerated and large accelerated filers regarding greenhouse gas emissions.
Posted inRegulatory Enforcement
New DOJ office to lead environmental justice efforts
The Department of Justice announced the creation of the Office of Environmental Justice to serve as a “central hub” for a federal environmental enforcement strategy that will pursue cases regarding environmental crime, pollution, and climate change.
Posted inEthics & Culture
FRC report findings suggest overhaul needed for Modern Slavery Act
The U.K. Modern Slavery Act has often been described as “world leading,” yet companies are still failing to meet requirements by providing a statement outlining what they are doing to prevent modern slavery in their businesses and supply chains.
Posted inEthics & Culture
Put principles to practice with ‘Bias Interrupted’
Legal scholar Joan Williams’s book delivers an avalanche of evidence-based research on structural biases in the workplace and teaches how to course correct broken systems over time by interrupting basic business functions now.
Posted inEthics & Culture
CW National 2022 Q&A: Todd Hartman on intersection of DEI and compliance
Todd Hartman, EVP, general counsel and chief risk officer at Best Buy, previews his panel titled, “The Intersection of DEI & Compliance & Ethics—Lessons Learned from Best Buy’s Journey,” at CW’s National Conference in Washington, D.C. from May 16-18.
Posted inAccounting & Auditing
SEC accuses Vale of safety audit manipulation in 2019 dam collapse
Brazilian mining company Vale was accused by the Securities and Exchange Commission of making false and misleading safety audit and disclosure claims prior to the January 2019 collapse of its Brumadinho dam.
Posted inEthics & Culture
Breaking the glass ceiling in ethics and compliance
Jane Levine, chief compliance officer at DailyPay, shares three suggestions for ensuring women are empowered within the ethics and compliance profession.
Posted inEthics & Culture
California judge strikes down state’s board diversity law
A California state superior court judge struck down a diversity mandate that ordered public companies in the state to have at least one minority board member by the end of 2021.
Posted inESG/Social Responsibility
Wells Fargo appoints first chief sustainability officer
Wells Fargo & Company announced the appointment of Robyn Luhning to the newly created role of chief sustainability officer.