Investors are increasingly integrating environmental, social and corporate governance (ESG) information into the investment process. Materiality, or financial relevance, can be understood with all the reported facts. A lack of comprehensive, comparable and reliable data hinders investors' ability to comprehensively incorporate ESG information into investment decisions.
US SIF and its members aim to enhance corporate ESG data reporting. US SIF supports public policy that promotes the reporting of uniform, consistent, and comparable information on material risks and opportunities. We need more robust and effective disclosure.
Priority Areas of Action
Sustainability Disclosure: Stakeholders value meaningful sustainability reports, and the SEC should continue to require all public companies to disclose them. Self-reported sustainability information provided on company websites is not sufficient to address investor needs because it does not permit the comparison of consistent information on material risks and opportunities.
US SIF endorsed the Environmental, Social, and Governance (ESG) Disclosure Simplification Act (insert bill number), introduced by Representative Juan Vargas (D-CA) and passed by the House of Representatives on June 15, 2021.
Letters and Statements
US SIF Comment Letter on SEC ESG Disclosure for Investment Advisers and Companies 08/2022
US SIF Comment Letter on SEC Names Rule amendment 08/2022
US SIF letter to the SEC on human capital management disclosure recommendations 12/2021
US SIF Comment Letter on SEC Climate and ESG Disclosure Request for Information 06/2021
US SIF Written Testimony on ESG Disclosure 07/2019
Joint Report on SEC Disclosure 09/2016
US SIF Comment Letter on Regulation S-K Disclosure 07/2016
US SIF Letter to SEC on Disclosure Effectiveness Review 09/2014
Letter to SEC Chair Mary Jo White and Director Keith Higgins regarding Disclosure Effectiveness Review 07/2014
US SIF Letter to the SEC requesting mandatory ESG disclosure 07/2009