1a. ALL – Avoiding Greenwashing: Compliance Considerations for ESG Investments (Intermediate - OPEN)
The increased interest in investment products and services that include ESG considerations has prompted many investment firms to explore this space. Investing this rapidly expanding area poses many important considerations for compliance departments, including navigating U.S. federal, state, local, and international regulations and reporting requirements, understanding client investment expectations, and more. This session will focus primarily on compliance for investment products and services that incorporate environmental factors into their strategy, and how to avoid "greenwashing" within them.
This session is open to regulators but closed to members of the press.
Learning Objectives:
Understand U.S. (including SEC’s ESG rulemaking proposal) and international laws and regulations (including the EU's rules) that firms should consider prior to launching a sustainability strategy.
Explain both "greenwashing” and “greenhushing” can raise compliance risk and learn how to mitigate it using policies, procedures, and disclosures.
Outline the considerations involved in joining climate industry groups including, but not limited to, the Net Zero Asset Managers and the Climate Action 100+.
Discuss how various U.S. states have chosen to address climate investing, and how it can impact the way client investments are managed.
