DFPI Embraces ESG Investing But Has It Overlooked An "Inconvenient Truth"?
Posted on April 21, 2023

In honor of Earth Day, the California Department of Financial Protection & Innovation is promoting Environmental, Social, and Governance (ESG) investing on its website: "Embracing Sustainable Investment Practices with ESG Investing".  According to...

Commissioner Uyeda Urges Questioning Of ESG Trend Sustainability
Posted on November 21, 2022

In recent remarks to the 2022 Cato Summit on Financial Regulation, Securities and Exchange Commissioner Mark Uyeda noted the uncertainty of both costs and benefits of ESG investing.  With respect to costs, Commissioner Uyeda pointed out that the...

Legislators Left In Dark About Constitutional Concerns When Voting On Greenhouse Gas Emissions Disclosure Bill
Posted on June 14, 2022

Last year, I reported on a California bill that would require large companies to report annually on their greenhouse gas emissions.  Since then, the bill, SB 260, has been working its way through the legislature.  Earlier this year, the bill was...

Will California's Proposed Corporate Climate Accountability Act Harrow Small Businesses?
Posted on January 10, 2022

Last March, I took note of SB 260, a bill that would enact the California Corporate Climate Accountability Act.  If enacted, the CCAA would require the State Air Resources Board to promulgate regulations requiring greenhouse gas emission disclosures...

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