Friend,
If a company is engaging in risky business, its investors deserve to know—and there's nothing more risky than fueling the climate crisis.
That's why this news is a huge deal: The Securities and Exchange Commission just proposed a rule that would require companies to disclose how much greenhouse gas pollution they emit and the extent of their exposure to climate-related financial risks. As the climate crisis continues to upend business as usual, this rule will arm investors with the vital information they need to protect their financial futures.
But it's not all good news. The proposed rule leaves it to the companies to determine whether or not they need to disclose their entire carbon footprint, and shields them from liability if they lie on their annual filings. These are massive loopholes that could allow polluters to hide the majority of their emissions.
Luckily, the SEC just opened the public comment window for this proposed rule. This is our chance to flex our grassroots power and demand they strengthen this rule before the deadline closes. Will you sign an official public comment right now? We'll submit it on your behalf directly to SEC decision-makers!
Think about the 2008 financial crisis. Millions of Americans didn't realize their money was tied up in high-risk subprime mortgage investments—and they were hit hardest when the bubble burst.
Right now, millions of Americans have no way of knowing if their retirement funds or college savings plans are exposed to climate risk. It's up to the SEC to enforce full transparency of climate risks and give investors the information they need to make climate-smart decisions.
We have limited time to act. Will you sign an official public comment right now? Just sign your name, and we'll take care of the rest—and together, we'll ensure that the SEC hears our input loud and clear.
Thank you for taking direct action today,
Lena Moffitt
Chief of Staff, Evergreen Action
P.S. In recent weeks, we submitted 2,500 official comments to the Office of the Comptroller of the Currency and 6,617 official comments to the Bureau of Land Management. Can you help us continue the trend and beat our latest record?