E&S Disclosure Trends in SEC Filings

[...]Hinman noted that the SEC is "actively" comparing the information companies voluntarily provide with the information disclosed in SEC filings. [...]companies should take steps to ensure that they have controls in place to effectively process, summarize, assess, and review the accuracy of all of their ESG disclosures. The 15 categories of E&S disclosure in this survey are the following: (1) Board Oversight of E&S Issues; (2) Corporate Culture; (3) Ethical Business Practices; (4) Human Capital Management; (5) Environmental Matters; (6) Social Impact and Community; (7) Political Contribution Disclosure; (8) Supply Chain Management; (9) E&S Qualifications of Directors; (10) E&S Issues in Shareholder Engagement; (11) E&S Goals; (12) E&S Disclosure in Proxy Statement Introduction Letters; (13) E&S Disclosure in Proxy Statement Summaries; (14) E&S Awards Disclosure; and (15) References to Sustainability Website/Reports. 4. [...]according to one recent article, the total value of funds that have integrated environmental, social and governance factors into their investment process has more than quadrupled since 2014, rising to $485 billion.