|
|
|
The Ongoing SEC Climate-Disclosure Rule Saga
|
It’s April, and time for our annual update on the SEC’s Climate-Related Disclosure rule. I say that a bit tongue in cheek because in reviewing past IR Update Weekly columns, I see this also happened to be the topic on April 18, 2023, and April 12, 2022.
Proposing and approving this far-reaching and consequential rulemaking was obviously a lengthy process. But a very brief status review indicates the hard part for the Commission may be what lies ahead.
As expected, the final rules (adopted by the SEC on a 3-2 vote on March 6) were immediately subject to litigation by companies, states, NGOs, and climate advocates who generally argued the rules either went too far or not far enough. The various challenges were consolidated in the US Court of Appeals for the Eighth Circuit, and the SEC announced it is voluntarily staying its rules pending judicial review in the hope this will speed resolution.
Additionally, this month the US House Financial Services Committee passed a disapproval resolution along party lines under the Congressional Review Act to overturn the rule, and the Ranking Member of the Senate Banking Committee released a Senate version. The future of these resolutions is unclear.
For other perspectives, I recommend reviewing some of the law firm updates available in the public domain, particularly those published after April 4, the day the SEC issued its stay order.
NIRI will continue to provide updates through our suite of IR Update publications (Daily, Weekly, magazine), as well Executive Alerts, webinars and the upcoming NIRI 2024 Annual Conference.
Perhaps we’ll even discuss it again right here in April 2025!
Sincerely,
Matt
Matthew D. Brusch, CAE
President and Chief Executive Officer
NIRI: The Association for Investor Relations
mbrusch@niri.org
|
|
|
|
Discussion Facilitators Needed at the 2024 NIRI Annual Conference
|
The NIRI Annual Conference in San Francisco, CA is full of opportunities to discuss top issues affecting investor relations. This year’s conference will feature Hot Topic Discussions, focusing on a particular area of IR, as well as the highly popular Industry Breakout Sessions which provide a space for informal conversations among IR professionals from the same industry. If you are a member IR practitioner and would like to moderate one of these discussions, please complete the volunteer application today!
|
|
|
|
2024 NIRI Annual Conference
|
|
|
|
|
|
|
|
|
|
|
|
Fundamentals of Investor Relations
|
|
|
|
|
|
|
|
|
|
Capital Markets Essentials
|
|
|
|
|
|
|
|
|
|
|
|
Financial Information Essentials
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
New SEC Climate-Related Disclosure Rule
|
|
In this survey, participants were asked how the new SEC requirements will impact their companies and Investor Relations programs.
|
|
|
|
|
|
|
General Session Lineup Now Complete!
|
Don't miss the incredible lineup of thought leaders and leading industry experts on the key topics that are shaping the future of investor relations and capital markets engagement. Here are the General Sessions that will take place at NIRI2024:
- Trends and Challenges: Assessing Changing Investor Sentiment in the Current Economic Climate
- Beyond ‘Green Hushing’: Thinking Long-term About ESG Communications
- A Conversation with SEC Commissioner Hester Peirce
- AI Evolution: Navigating Opportunities, Risks, and Compliance
- Navigating the ETF Landscape: Passive Money or Untapped Opportunity?
- Inside the Trenches: Shareholder Activism and the Battle for Corporate Control
- The Art of Building Engaged, World-Class Cultures: It’s All About the People
|
|
|
|
NIRI Philadelphia
Spring Social,
May 8
|
|
|
NIRI Capital Area
Year-end Social: Festive Whisky Tasting & Dinner, May 13
|
|
|
NIRI Twin Cities
NIRI In Your Neighborhood,
May 16
|
|
|
|
|
|
|
Featured Community Discussion
|
This week's topic: Timing of post-earnings investor/analyst follow up calls
|
|
Catch up on this week's featured discussion.
Visit our member's only e-Groups community to learn more and join the conversation.
|
|
|
|
|
|
Director, Investor Relations, Esperion Therapeutics, Inc., Ann Arbor, MI
|
|
Director, Investor Relations, LeMaitre Vascular, Inc., Burlington, MA
|
|
Senior Vice President, Investor Relations, Amentum, Chantilly, VA
|
|
|
|
NIRI Welcomes These Newly Listed Companies
|
Tungray Technologies Inc (TRSG)
YY Group Holding Ltd. (YYGH)
mF International Ltd (MFI)
Neo-Concept International Group Holdings Ltd (NCI)
Rubrik, Inc. (RBRK)
Marex Group plc (MRX)
Loar Holdings Inc. (LOAR)
|
|
|
NIRI: The Association for Investor Relations
Alexandria VA 22314
703.562.7700
|
|
|
Interested in advertising?
With a circulation of 3,000 per week, IR Update Weekly offers you the best way to reach IR professionals. For information on ad rates, contact spotter@niri.org.
|
|
|
|
|