ESG Archives - Page 2 of 2 - Americans for Financial Reform

News Release: 58 Organizations Oppose Anti-ESG Agenda

Washington, D.C. — Ahead of upcoming House Financial Services Committee hearings on utilizing environmental, social, and governance (ESG) factors in investments, Americans for Financial Reform has submitted a letter for the record, backed by 58 organizations, that expresses strong opposition to the anti-ESG agenda. The letter specifically responds to a recent ESG Working Group memorandum on the subject and a series of bills they are proposing.

Letters to Congress: Defend the Department of Labor Rule that Safeguards Workers’ Retirement Security

AFR and Public Citizen led a letter to members of Congress, urging them to oppose a Congressional Review Act Resolution seeking to nullify the Department of Labor’s important new rule that safeguards workers’ retirement security. Over sixty organizations signed on to the letter.

Letters to Regulators: The Inflation Reduction Act Bolsters the Case for SEC’s Climate Disclosure Rule

AFREF submitted a supplemental comment to Securities and Exchange Commission (SEC) highlighting market reactions to the passage of the Inflation Reduction Act (IRA). December 1, 2022 Dear Ms. Countryman: This letter is a supplement to prior comments submitted by Americans for Financial Reform Education Fund

Media Memo: The SEC’s regulatory agenda is under attack, and Chair Gary Gensler is appearing before the Senate Banking Committee tomorrow.

The SEC’s regulatory agenda is under attack, and Chair Gary Gensler is appearing before the Senate Banking Committee tomorrow. This memo for the media addresses the SEC’s work across eight different areas.

News Release: SEC ESG Rule aims to End Greenwashing and Increase Transparency

As the Securities and Exchange Commission (SEC) closes a comment period on two proposed rules that would create a standard framework for funds classified as environmental, social, and governance (ESG), advocacy groups today called on the agency to adopt stricter standards for the fastest-growing investment asset sector in the world.

Letters and Statements: Comment to the International Sustainability Standards Board on Climate-related Disclosures

AFREF, Public Citizen, The Sunrise Project, and Sierra Club submitted a comment to the International Sustainability Standards Board on their Climate-related Disclosures Exposure Draft. The Board requested broad stakeholder feedback on its proposal, which reflected the need for users of general purpose financial reporting to

oil rig at sunset Photo by WORKSITE Ltd. on Unsplash

Petition to the SEC: 16k Petitioners Urge SEC to Require Climate Risk and Carbon Emissions Disclosure

Americans for Financial Reform delivered 16,658 petition signatures calling on the Securities and Exchange Commission (SEC) to make it mandatory for large companies and banks to disclose their total greenhouse gas emissions, including financed emissions, to investors and the public.

Letter to Regulators: AFREF and Public Citizen Submit Joint Comments to the SEC on Climate and ESG Disclosure

Americans for Financial Reform Education Fund and Public Citizen submitted a joint comment letter to the SEC calling for mandatory climate and ESG disclosures for all issuers, in response to Commissioner Allison Herren Lee’s Request for Public Input. “A growing chorus of bipartisan U.S. financial regulators

Letter to Regulators: AFREF, Public Citizen, and 60 Partners and Securities Law Experts urge SEC to Require Climate and ESG Disclosures

Americans for Financial Reform Education Fund and Public Citizen were joined by 60 organizations and securities law experts in a comment letter to the SEC calling for mandatory climate and ESG disclosures for all issuers.

News Release: Labor Department Will Not Enforce Rules that Impede ESG Investing

In a significant reversal, the Department of Labor (DOL) today announced they will not enforce the anti-sustainable investing rules that were hastily published in the final days of the Trump administration. The two rules, which went into effect in January 2021, would have made it much harder for retirement plans to integrate environmental, social and governance (ESG) risks into their investment practices.