According to Accounting Today, the SEC has formed a Climate and ESG Task Force in its enforcement division to identify misconduct in environmental, social and governance reporting.
Questions:
- How are accounting firms putting more emphasis on ESG issues?
- What initiatives are taking place in the area of standard setting?
- What has a recent study found about U.S. company progress in reporting non-financial information concerning ESG goals?
- What four U.S. companies rank in the bottom five of the study by the Global ESG Monitor?
Source:
Cohn, M. (2021) SEC creates task force to enforce ESG disclosures . Accounting Today, March 5 (Retrievable online at https://www.accountingtoday.com/news/sec-creates-task-force-to-enforce-esg-disclosures?)