Tag: economy and society

In this week’s edition of Economy and Society: In Washington, D.C. SEC chairman suggests no-action pause could continue What’s the story? Securities and Exchange Commission (SEC) Chairman Paul Atkins said the agency may continue suspending most no-action letters for shareholder proposal disputes beyond the current proxy season. Speaking on July 9 at the Society for…

In this week’s edition of Economy and Society: In Washington, D.C. Labor Department submits revised ESG rule to White House What’s the story? The Employee Benefits Security Administration (EBSA), part of the Department of Labor, submitted a proposed rule to the Office of Information and Regulatory Affairs (OIRA) on June 30, 2026. The proposed rule…

In this week’s edition of Economy and Society: In the states California delays first emissions reporting deadline to November  What’s the story? The California Air Resources Board (CARB) delayed the state’s first corporate emissions reporting deadline from Aug.10, 2026, to Nov. 10, 2026. CARB gave companies with more than $1 billion in annual revenue that…

In this week’s edition of Economy and Society: Around the world ISO launches draft standard for net zero framework What’s the story? On June 17, 2026, the International Organization for Standardization (ISO) launched a 12-week public consultation for the ISO Net Zero Aligned Organizations Standard, known as ISO 14060. According to ISO, this represents "the…

In this week’s edition of Economy and Society: In Washington, D.C. Federal prosecutors subpoena banks over alleged closure of accounts and denial of services What’s the story?  According to reporting from The Wall Street Journal, the U.S. Attorney’s Office in Washington, D.C. has subpoenaed major banks as part of investigations into the alleged closure of…

In this week’s edition of Economy and Society: Around the world Global taskforce releases draft framework for social disclosure What’s the story? The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) released a draft framework on May 26, 2026, designed to help companies disclose how their business practices affect workers, consumers, and communities. The framework…

In this week’s edition of Economy and Society: In Washington, D.C. SEC formally proposes rescinding Biden-era climate disclosure rule What’s the story? The Securities and Exchange Commission (SEC) formally proposed rescinding its 2024 climate-risk disclosure rule on May 29, 2026. SEC Chair Paul Atkins directed the proposal, which states that the 2024 rules are "a…

In this week’s edition of Economy and Society: In the states Texas, Nebraska, Iowa, West Virginia sue ISS over ESG disclosures What’s the story? Four Republican state attorneys general filed lawsuits on May 20, 2026, against Institutional Shareholder Services (ISS), accusing the proxy advisory firm of violating state consumer protection laws by failing to disclose…

In this week’s edition of Economy and Society: In the states New York replaces 2030 emissions goal with 2040 target What’s the story? New York Governor Kathy Hochul (D) announced a proposed $268 billion budget on May 7, 2026, that would change emissions reduction targets and regulatory deadlines under the state's 2019 Climate Leadership and…

In this week’s edition of Economy and Society: In Washington, D.C. SEC moves to rescind 2024 climate disclosure rule What’s the story? The Securities and Exchange Commission (SEC) submitted a proposal to rescind its 2024 climate-risk disclosure rule to the Office of Information and Regulatory Affairs on May 4, 2026. The rule never took effect…