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As part of that, the European Union’s Sustainable Finance Disclosure Regulation came into force in March 2021.

Domestically, political observers expect recently appointed U.S. Securities and Exchange Commission chairman Gary Gensler to take action on the subject this year. The SEC for the first time has a senior policy advisor on climate and ESG, signaling the critical role that climate change is expected to play in the SEC’s policy and compliance agenda for the foreseeable future.

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Source: Leaders edge