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OCC Proposes ‘Fair Access’ Rule – Potential Implications for Environmental, Social, and Corporate Governance (ESG) Analysis

A panel presentation for Women in Housing & Finance, Inc. (WHF) regarding Office of the Comptroller of the Currency (OCC) proposed regulation that would allow national banks and federal savings associations to refuse service to fossil fuel companies and other businesses in “politically controversial” industries only if a specific company failed to meet quantitative, risk-based standards established in advance by the covered bank.  If finalized, the proposed Fair Access to Financial Services rule could impact financial institutions’ approach to Environmental, Social, and Governance (ESG) ratings and Socially Responsible Investing (SRI). 

WHF is a premier, nonpartisan association of women and men that actively promotes its members in the fields of housing and financial services while retaining a focus on its women members. WHF promotes its members through the presentation of topical and timely programs and opportunities in housing, financial services, professional enrichment, and leadership enhancement, and the opportunity to meet with government and private sector leaders in these areas.