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Dear John, The American Sustainable Business Council (ASBC) and Social Venture Circle (SVC) are working with Ceres along with others in our valued network of sustainable and responsible business owners and investors to respond to a detailed SEC request for information about climate change disclosure rulemaking.
We are pleased to invite you to sign-on to this letter, in order to publicly demonstrate the depth and breadth of investor, business, and stakeholder support for mandatory SEC climate disclosure rulemaking, in order for our community to support advancing and achieving our shared climate goals. | |
From our partners at Ceres: “As you know, one cannot make good decisions without good information. To truly address climate change risks in financial markets, investors need companies to provide information about their climate change performance, strategies, and governance. Robust, mandatory climate change disclosure helps decision-making by investors, companies, regulators, and other stakeholders. It has a range of benefits to each of these parties. As Ceres recently discussed in Congressional testimony, current SEC disclosures are incomplete, inconsistent, and not actionable.
“We believe SEC rules are the best path to reliable, actionable climate change disclosures. As companies, investors, and regulators navigate the path to a net zero future, the decisions they make must rely on robust data, and corporate disclosure is the most important place to start. The SEC has recognized this by releasing this request for information, and announcing two important actions to improve climate change disclosure: reviewing disclosures and forming a climate/ESG task force. Your support is necessary for them to issue rules.” | |
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