Milbank LLP Global Project, Energy and Infrastructure Finance partner Allan Marks spoke on the panel “Good Will Hunting: ESG” at The American College of Investment Counsel’s (ACIC) 2022 Fall Annual Meeting and Education Conference on October 21, 2022 in Boston. ACIC members are lawyers who specialize in major institutional investment financing.
Mr. Marks and his co-panelists, who included moderator Brenda Page from The Hartford Financial Services Group, Inc., Liz Thorne from SLC Management, and Sukhvir Basran from Hogan Lovells, shared insights into ESG considerations for issuers and investors in debt capital markets and private placements. Mr. Marks highlighted:
- How US, EU and UK regulatory approaches differ with respect to ESG and sustainability
- Market trends in Green Bonds and sustainability-linked securities
- Proposed rules by the SEC, mandating disclosure of climate-related risks, and by the US Department of Labor, regarding pension plan administrators and other ERISA fiduciaries’ prudent consideration of ESG factors in making fund investments and exercising shareholder rights
- Evolving reporting standards and challenges for issuers and investors in assessing ESG data, due diligence, covenants and verification
The 2022 Fall Annual Meeting and Education Conference offers informative panels and key market updates on topics relevant to current institutional investment practices.
