{"id":31632,"date":"2023-11-30T11:36:48","date_gmt":"2023-11-30T11:36:48","guid":{"rendered":"https:\/\/wordpress-881230-3801000.cloudwaysapps.com\/?p=31632"},"modified":"2023-12-13T16:26:43","modified_gmt":"2023-12-13T16:26:43","slug":"whats-new-in-politics-and-regulation","status":"publish","type":"post","link":"https:\/\/esgexplainer.org\/whats-new-in-politics-and-regulation\/","title":{"rendered":"What\u2019s new in politics and regulation"},"content":{"rendered":"\n

Securities and Exchange Commission Chair Gary Gensler defended the SEC\u2019s proposed climate disclosure rules<\/a> in a discussion at the U.S. Chamber of Commerce, saying the rules would \u201cbenefit capital markets.\u201d \u2013 Responsible Investor, Oct. 27, 2023<\/em><\/p>\n\n\n\n

In October, California enacted laws that establish some of the country\u2019s most robust rules to foster corporate transparency and accountability<\/a>.<\/a> These laws set new standards for businesses to disclose greenhouse gas emissions, the content of their carbon offsets, and the financial risks they face due to climate change. They also hope to speed up the state\u2019s adoption of more renewable energy, in particular offshore wind projects. \u2013 Grist, Oct. 10, 2023<\/em><\/p>\n\n\n\n

These laws go further<\/a> than most other climate reporting requirements on the books in the US. \u2013 Vox, Oct. 14, 2023<\/em><\/p>\n\n\n\n

A Guide for Businesses: California’s New Climate Disclosure Legislation \u2013 Ceres<\/a><\/p>\n\n\n\n

In an effort to widen their anti-ESG attacks, Jim Jordan\u2019s House Judiciary Committee has accused five big shareholder advocate groups of collusion as congressional Republicans seek to weaponize antitrust laws<\/a>. \u2013 Fast Company, Nov. 2, 2023<\/em><\/p>\n\n\n\n

As U.S. government agencies released a much-awaited revision to the Community Reinvestment Act, Americans for Financial Reform said policies should include explicit race-based criteria to directly address harms caused by decades of racist banking practices and \u201cacknowledge growing climate risks<\/a> and evaluate the full range of benefits conferred by resilience and clean energy investment.\u201d \u2013 AFR, Oct. 27, 2023<\/em><\/p>\n\n\n\n

The UK\u2019s Financial Conduct Authority (FCA) is pushing back against some investment funds that falsely claim to be focused on environmental, social and governance (ESG) issues<\/a>. The regulator is trying to prevent \u201cgreenwashing\u201d, or over-inflated climate friendly claims by companies and funds to attract investment. \u2013 Reuters, Oct. 20, 2023 <\/p>\n\n\n\n

Investment firms and sustainable industry bodies have \u201c<\/a>strongly\u201d encouraged the UK to adopt international sustainability disclosure standards<\/a> launched by the International Sustainability Standards Board (ISSB) in this year<\/a>. \u2013 ESG Clarity, Nov. 2, 2023<\/em><\/p>\n\n\n\n

Republican candidate Vivek Ramaswamy demands former Strive Asset Management VP Joyce Rosely’s lawsuit be dismissed after she claimed she was fired for flagging sexual harassment<\/a> \u2013 Daily Mail, Oct. 17, 2023<\/em><\/p>\n\n\n\n

Vivek Ramaswamy\u2019s Crusade Against \u201cWoke Capital\u201d May Be Lucrative, but It\u2019s Doomed<\/a> \u2013 Jacobin<\/p>\n","protected":false},"excerpt":{"rendered":"

Security and Commission chair Gary Gensler defended the SEC\u2019s proposed climate disclosure rules in a discussion at the U.S. Chamber of Commerce, saying the rules would \u201cbenefit capital markets.\u201d \u2013 Responsible Investor, Oct. 27, 2023<\/p>\n<\/div>","protected":false},"author":1,"featured_media":32077,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","slim_seo":[],"footnotes":""},"categories":[3],"tags":[102],"class_list":["post-31632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-latest-on-esg"],"uagb_featured_image_src":{"full":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation.jpg",1200,675,false],"thumbnail":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-150x150.jpg",150,150,true],"medium":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-300x169.jpg",300,169,true],"medium_large":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-768x432.jpg",750,422,true],"large":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-1024x576.jpg",750,422,true],"1536x1536":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation.jpg",1200,675,false],"2048x2048":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation.jpg",1200,675,false],"knowbase_single":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-790x450.jpg",790,450,true],"knowbase_blog":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-310x310.jpg",310,310,true],"knowbase_tabs":["https:\/\/esgexplainer.org\/wp-content\/uploads\/2023\/01\/whats-new-in-politics-and-regulation-90x90.jpg",90,90,true]},"uagb_author_info":{"display_name":"Americas","author_link":"https:\/\/esgexplainer.org\/author\/americas\/"},"uagb_comment_info":0,"uagb_excerpt":"Security and Commission chair Gary Gensler defended the SEC\u2019s proposed climate disclosure rules in a discussion at the U.S. Chamber of Commerce, saying the rules would \u201cbenefit capital markets.\u201d \u2013 Responsible Investor, Oct. 27, 2023","_links":{"self":[{"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/posts\/31632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/comments?post=31632"}],"version-history":[{"count":9,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/posts\/31632\/revisions"}],"predecessor-version":[{"id":32380,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/posts\/31632\/revisions\/32380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/media\/32077"}],"wp:attachment":[{"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/media?parent=31632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/categories?post=31632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esgexplainer.org\/wp-json\/wp\/v2\/tags?post=31632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}