ESG, the SEC, and a successful climate-related proxy proposal

Audit firms play Switzerland with clients on ESG, just like they did with SOX 404. The Big 4 floats above unwanted SEC mandates and a bonanza of new revenue from fulfilling attestation requirements.

The SEC has been plodding along with a behemoth climate disclosure proposal, announced back on March 21.  The Big 4 audit firms are fine with this. It gives them more time to lobby for what they want out of it.

From TheCorporateCounsel.net’s Dave Lynn:

The proposed amendments to the Commission’s rules would require that public companies include extensive…