Countries around the world have been backing up their sustainability commitments by establishing policies and regulations surrounding Esg Disclosure requirements. New Zealand was the first out of the gate to do so, but many countries have since followed suit, and now tales of enforcement are starting to garner headlines.  

This past May, the United States Securities and Exchange Commission (SEC) initiated its first ESG-related enforcement action against a public mining company related to misstating and omitting information about ESG investment considerations. At the basis of the allegations is that the company manipulated dam safety audits and documents in their ESG Disclosure reporting, which ultimately misled stakeholders, including local governments, communities and investors, about the safety of the dam. The SEC also communicated that it would continue to investigate greenwashing and issue fines as … Read more...