“That Viewpoints article encouraged clients to continue to consider their ESG-related risks and applicable disclosures for accuracy, ensure applicable compliance policies are adopted (as appropriate) and followed with relevant testing conducted, notwithstanding the disbanding of the ESG Task Force.  This was because, in part, that SEC staff and spokespersons have indicated that the disbanding of the ESG Task Force should not be viewed by the industry as a change in substantive regulatory approach.”

[COMMENTARY] It’s possible that under President Trump’s administration, the SEC will become even more aggressive concerning ESG misrepresentations and falsehoods. That could be good for investors.
Recent Action Shows SEC Enforcement Still Focused on ESG, by Brian D. McCabe, Amy D. Roy, and James D. McGinnis, Ropes & Gray LLP. November 12, 2024, Harvard Law School Forum on Corporate Governance,. USA.