"The coronavirus pandemic has thrown a brighter spotlight on the Social aspect of ESG, with investors and society increasingly focused on how companies treat the entire organisational ecosystem, from employees and suppliers to shareholders alike. However, as the landscape continues to evolve and grow in popularity, it’s important to note that ESG isn’t necessarily as simple as it seems on the surface."
The Securities and Exchange Commission (SEC) has announced an Enforcement Task Force for climate risk disclosures - “Proactively addressing emerging disclosure gaps that threaten investors and the market”.
GDPR is a very thorough regulation, requiring control of personal data processing, distribution and storage. It has been used as inspiration for other regulations including Brazil’s Lei Geral de Proteção de Dados LGPD, its general data protection regulation.
BCBS 239 is summed up by the Basel Committee on Banking Supervision as: “the right information needs to be presented to the right people at the right time”. In the global financial crisis of 2007/8 (remember that one?), regulators found some “globally systemically important” banks did not have a firm grip on their risk reporting and could not react quickly enough.