7.28.21
During a UNPRI webinar on July 28, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler announced the agency will aim to propose rules by the end of the year that will require corporations to publicly disclose the risks they face from climate change. The upcoming proposal will likely call for businesses to provide “qualitative” and “quantitative” information to investors as a mechanism for more market transparency. These actions stem from findings from the SEC’s public request for input on climate disclosures back in March 2021 to which more than 550 responses were submitted, including one from SFA. Gensler noted that three out of every four of these responses supported mandatory climate disclosure rules.
Read the SFA Response to the SEC Request for Input on Climate Change Disclosures