What ESG-Related Disclosures Should the SEC Mandate?
金融经济学家圆桌会议就SEC应强制要求哪些ESG披露提出政策建议，认为应限于直接影响公司现金流的项目，且不强制披露企业对环境和社会的影响。
As the U.S. Securities and Exchange Commission considers appropriate “ESG” disclosure mandates, the Financial Economist’s Roundtable contributes to the debate with a statement summarizing its policy discussion. The FER believes financial regulators should limit mandates to matters that directly affect the firm’s cash flows. Further, when issuer filings include ESG ratings, those filings should include information about the raters, the factors used, and the weights on the factors. The FER recommends that the SEC should not mandate disclosure of the firm’s impacts on environmental and social (E&S) outcomes.