March 16, 2021
On March 15, 2021, the Acting Chair of the Securities and Exchange Commission (SEC), Allison Herren Lee, gave a speech entitled “A Climate for Change: Meeting Investor Demand for Climate and ESG Information at the SEC,” in which she sets forth a near-term regulatory agenda for the SEC that centers on climate and Environmental, Social, and Governance (ESG) topics. On the same day, she also jump-started the regulatory process toward adopting potentially extensive new disclosure requirements for public companies on climate-change matters by issuing a request for comments on 15 broad issues.
The following Gibson Dunn attorneys assisted in preparing this update: Elizabeth Ising, Hillary Holmes, James Moloney, Ronald Mueller, Thomas Kim, Lori Zyskowski, and Michael Scanlon.