SEC Watches All Corporate ESG Claims for Accuracy, Official Says

The SEC is looking for misleading environmental, social and governance disclosures companies made outside of their required filings as it continues to prioritize ESG enforcement, a senior official said Wednesday.

Accurate ESG disclosures are important to the Securities and Exchange Commission regardless of where they appear, as the agency monitors all reporting, not just annual 10-K reports and other mandatory submissions, said Antonia Apps, the commission’s New York Regional Office director. Her remarks at a Practising Law Institute conference came after Vale S.A. reached a $55.9 million deal with the SEC in March to settle claims the Brazilian miner misled ...