Dear John,
Right now, we have a historic opportunity to shape how U.S. financial markets address the climate crisis now and in the future. If we want the US to achieve 50% cuts in emissions, mandatory climate disclosure is fundamental.
The Securities and Exchange Commission (SEC) is currently seeking public comments as it seeks to develop corporate climate change disclosure rules. We know that when it comes to financial risks, what gets measured gets managed. Standardized, mandatory disclosure will establish rules of the road, benefiting both companies and investors. Companies will be better positioned to protect themselves from future climate risks, and investors will have better information to more accurately analyze their portfolios and make smarter, better investing decisions.
That is why Ceres is mobilizing hundreds of investors and companies to endorse our “Statement of Essential Principles for SEC Climate Change Disclosure”, calling on the SEC to establish a strong minimum standard for any climate disclosure rules it issues. |
| But tackling the climate crisis isn’t just about protecting the bottom line for investors and companies. It’s about protecting our economy, our planet, and our future. Please add your voice in support of mandatory climate change disclosure by publicly endorsing these principles as an individual, or ask your organization to sign on. |
Over the past decade, the U.S. has dragged its feet on adopting a mandatory standard for disclosing climate risks, despite persistent calls from investors and advocates. But since President Biden took office there has been a groundswell of support from policymakers, regulators and even major U.S. companies.
The Biden-Harris administration plans to issue an executive order soon that will include climate risk disclosure requirements. Recently, companies like Apple, Salesforce and HP have announced they support mandatory disclosure.
Ceres and our network of investors have been calling for mandatory climate disclosure rules for more than a decade. We successfully petitioned the SEC to issue climate risk disclosure guidance to companies in 2010. And now, we have an opportunity to go even further and require all publicly traded companies to better disclose the risks posed by the climate crisis.
Show your support by endorsing our statement today. The deadline to sign on is Friday, May 28th. |
Together, we can advocate for real changes to address the climate crisis.
Thank you,
|
