Amid growing conflicts between Democrats and Republicans, recent proposals from the SEC on ESG fund rules could be severely impeded.
Tensions regarding which path to take on climate change policy in the US have peaked in recent weeks. As Biden’s government attempts to plough on with its green agenda, it has been subject to constant counterattacks from the Republican party.
In this article published in International Financial Law Review, CRA’s Elaine Wood is quoted saying “Recent SEC actions signal a new focus on accurate public statements and reporting, and an assessment of ESG marketing and reporting to investors.”
