Harvard Law School’s John Coates, Acting head of the SEC’s Division of Corporate Finance, told attendees at an International finance conference that the SEC may adopt ESG disclosure standards. This is another step toward the SEC’s recognizing that ESG data is material information relating to investment risk. And he made it clear that the SEC is not going to impose rigid, specific data requirements but is in line with investor demand for adoption of SASB and other disclosures.

SEC’s Coates says agency should help create ESG disclosure system