As the first quarter closes out without a final climate disclosure rule from the SEC, European standard setters are aggressively moving forward on a January 2024 effective date for their environmental, social, and governance (ESG) disclosure framework. A President Biden executive order has resulted in proposed changes to federal contract requirements that are even stricter than the SEC proposal. At the same time, the new legislative session in Washington, D.C., begins with fresh pushback against ESG regulation. This article has the latest updates.
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