During the roundtable, Committee Democrats and panelists discussed a number of important issues related to ESG including:
How workforce or human capital metrics, particularly diversity-related information is crucial for investors and their financial portfolio;
The research, including research Committee Democrats identified, makes clear that ESG factors are relevant to the long-term profitability of corporations, and that diverse companies are also more profitable.
How ESG disclosures lead to better financial performance and have a long-term beneficial impact on the global economy at large;
The recklessness associated with suggesting that climate change is not real and that corporations should not consider the real financial risks associated with climate change.
The benefits of extending SEC’s proposed disclosure rules to privately-held operating companies.