The SEC's Division of Examination recently issued a Risk Alert that highlights the SEC's increasing attention focused on investment strategies integrating ESG investment strategies. In particular, the Risk Alert highlights one overarching concern: ESG claims are often not supported by appropriate management, policies, and processes. In this guest post
for Practical ESG
, Orrick's Perry Teicher
and JT Ho
examine the Risk Alert and related comments from SEC Commissioner Hester Peirce that suggest a need for funds and companies to put more attention to the content and process of ESG-related matters.