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Category: Climate & ESG

In a New Report, Better Markets Calls on Banking Regulators to Act ASAP to Address Material Risks to the Banking System from Climate Change

FOR IMMEDIATE RELEASE Tuesday, November 2, 2021 Contact: Evelyn Swan at 202-618-6433 or eswan@bettermarkets.org WASHINGTON, D.C.— Today, Phillip Basil, Director of Banking Policy at Better Markets, issued the following statement regarding the publication of our new report, Climate Change and the Banking System: “As world governments debate national commitments to address the global climate change […]

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Climate Risk and the CFTC

Better Markets urged Commodities Futures Trading Commission (CFTC) Acting Chair Rostin Benham and CFTC Commissioner Dan Berkovitz to continue their leadership in bringing attention to climate-related risks and using the public visibility of their positions to call for urgent action to accelerate the transition to a low-carbon economy. Why it matters.  It can no longer […]

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Where the SEC has been and where it should head regarding ESG

Investors, public interest advocates, the financial sector, regulators, policymakers, and elected officials in the U.S. and abroad have paid increasing attention to the way companies address environmental, social, and governance (“ESG”) issues in recent years.  Over the last decade or so, more and more investors are considering how companies incorporate these factors into their operations, […]

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Better Markets Urges the SEC to Mandate and Standardize Climate Disclosures to Protect Investors and the Capital Formation Process

FOR IMMEDIATE RELEASE June 14, 2021 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Washington, D.C.  –   Stephen Hall, Legal Director and Securities Specialist for Better Markets, issued the following statement on the filing of a comment letter urging the SEC to establish a new disclosure framework for climate-related risks that companies face. There is a […]

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Better Markets Urges the SEC to Mandate and Standardize Climate Disclosures to Protect Investors and the Capital Formation Process

FOR IMMEDIATE RELEASE June 14, 2021 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Washington, D.C.  –   Stephen Hall, Legal Director and Securities Specialist for Better Markets, issued the following statement on the filing of a comment letter urging the SEC to establish a new disclosure framework for climate-related risks that companies face. “There is a […]

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Better Markets Joins Coalition to Encourage Treasury Secretary Yellen to Name Senior, Experienced Climate Official

FOR IMMEDIATE RELEASE Thursday, February 25, 2021 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Better Markets Joins Coalition to Encourage Treasury Secretary Yellen to Name Senior, Experienced Climate Official Washington, D.C.  –  Dennis Kelleher, President and Chief Executive Officer of Better Markets, issued the following statement related to a letter it co-signed as part of a coalition […]

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SEC Continues its Pro-Wall Street and Pro-Corporate Streak with New Changes

The SEC recently approved two rules friendly to corporations and Wall Street. Better Markets’ Lev Bagramian gives an insider’s perspective of the changes and their possible negative implications for Main Street families. The SEC continued its pro-Wall Street and pro-corporate streak by allowing companies to reduce the information they disclose to investors and authorizing itself […]

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SEC Once Again Caters to Wall Street, Big Corporations with Approval of Changes to Regulation S-K and Accredited Investor Definition

FOR IMMEDIATE RELEASE Wednesday, August 26, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Washington, D.C.  –  Lev Bagramian, Senior Securities Policy Advisor at Better Markets, issued the following statement in response to the Securities and Exchange Commission’s approval of two rules friendly to corporations and Wall Street—Regulation S-K modernization and “accredited investor” definition: “”The […]

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