12.14.20
On Monday, December 14, a panel of experts discussed the climate-related promises made by President-elect Biden during an event convened by the New York Times. One noteworthy topic addressed in the context of the financial industry was ESG disclosures. Mandatory disclosures of climate risks by listed companies appears to be a “high priority” for the Biden administration, said Rostin Behnam, a commissioner at the Commodity Futures Trading Commission. “That is probably the first thing people think about when they think about climate change and financial markets.”