US SIF Welcomes the Confirmation of Gary Gensler as Chair of the Securities and Exchange Commission

• By: admin
• On: 04/14/2021 17:12:31
• In: Policy

FOR IMMEDIATE RELEASE
 
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Jody Lowe
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US SIF WELCOMES THE CONFIRMATION OF GARY GENSLER AS CHAIR OF THE SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C., April 14, 2021 – Today, the United States Senate confirmed Gary Gensler by a vote of 53-45 to chair the Securities and Exchange Commission (SEC).   Lisa Woll, CEO of US SIF: The Forum for Sustainable and Responsible Investment shared the following statement:

“We welcome and congratulate Mr. Gensler on his confirmation to chair the SEC. Mr. Gensler is joining the SEC at a moment when interest in sustainable investment has never been stronger and when numerous countries are rolling out sustainable finance plans.  Mr. Gensler has a unique opportunity to remove roadblocks put in place by the SEC in 2020 including changes in the shareholder resolution process and the use of proxy advisors.  He will have an opportunity to move forward climate change and broad ESG disclosure and to hire staff with expertise in sustainable finance.  We look forward to working with him and to continue working with the SEC Commissioners.

“We also want to recognize and thank Commissioner Allison Lee for her strong leadership as acting-Chair during the transition period, including the appointment of the first Senior Advisor for Climate and ESG.”

About US SIF and the US SIF Foundation

US SIF: The Forum for Sustainable and Responsible Investment is the leading voice advancing sustainable and impact investing across all asset classes. Its mission is to rapidly shift investment practices toward sustainability, focusing on long-term investment and the generation of positive social and environmental impacts. US SIF members include investment management and advisory firms, mutual fund companies, asset owners, research firms, financial planners and advisors, community investing organizations and nonprofit associations.

US SIF is supported in its work by the US SIF Foundation, a 501(C)(3) organization that undertakes educational and research activities to advance the mission of US SIF.

Learn more at ussif.org.