The National Law Review - ESG Foundation https://esgfoundation.org Environmental, social impact and corporate governance Mon, 09 May 2022 22:52:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 SEC Climate and ESG Task Force Issues its first enforcement action https://www.natlawreview.com/article/sec-climate-and-esg-task-force-issues-first-enforcement-action?utm_source=rss&utm_medium=rss&utm_campaign=sec-climate-and-esg-task-force-issues-its-first-enforcement-action Sat, 07 May 2022 09:00:00 +0000 https://esgfoundation.org/?p=20470 The US Securities and Exchange Commission (SEC) brought a 76-page complaint in federal district court against Vale, S.A., a Brazilian mining company, alleging that Vale “ma[de] false and misleading claims about the safety of its dams.”  Significantly, Vale “regularly misled local governments, communities, and investors about the safety of the Brumadinho dam through its environmental, social, and governance (ESG) disclosures.”    

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]]> The US Securities and Exchange Commission (SEC) brought a 76-page complaint in federal district court against Vale, S.A., a Brazilian mining company, alleging that Vale “ma[de] false and misleading claims about the safety of its dams.”  Significantly, Vale “regularly misled local governments, communities, and investors about the safety of the Brumadinho dam through its environmental, social, and governance (ESG) disclosures.”    

The post SEC Climate and ESG Task Force Issues its first enforcement action first appeared on ESG Foundation.

The post SEC Climate and ESG Task Force Issues its first enforcement action appeared first on ESG Foundation.

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