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SEC closes ESG task force (2024)

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September 17, 2024

The Securities and Exchange Commission (SEC) confirmed Sept. 12 that it shut down its ESG task force. The task force was first established in 2021 to bring lawsuits against companies that made misleading ESG claims:

The SEC has quietly disbanded a group of enforcement lawyers who helped bring litigation fighting misleading environmental, social and governance disclosures for more than three years.

The Securities and Exchange Commission shut down its Enforcement Division’s Climate and ESG Task Force within the past few months, an agency spokesperson told Bloomberg Law Thursday.[1]

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  1. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.