Davis Polk Environmental, Social and Corporate Governance Group co-head Betty Moy Huber was quoted in an article from Reuters discussing the SEC’s support for companies operating globally to face common disclosure rules on ESG issues. "We expect that one of the key challenges in developing a global disclosure framework will be for stakeholders to agree upon the definition of 'materiality' in the context of ESG risks and opportunities," Huber said in reaction to the SEC’s recent comments.

U.S. SEC officials signal support for global ESG disclosure framework, domestic standard setter,” Reuters (March 16, 2021) (subscription required)