Friend,

We have a historic opportunity to demand that corporations reveal their true impacts on the climate.

Currently, public companies only voluntarily report on their climate risks, which is profoundly insufficient if we're going to actually make progress on the climate crisis. 

The Securities and Exchange Commission (SEC) is now accepting public comment on a new rule that mandates all public corporations to disclose their climate impacts and risks.

We need YOU to speak up because Corporate America and Wall Street are pushing back against the rule since they do not want to reveal the true extent of their climate-related financial risks.

The new rule also requires information on the role of management and boards of directors in overseeing progress on climate emission reductions.

To truly make a difference on climate, the rule also needs to be strengthened to include:

  • Strong provisions for working with Indigenous and other frontline communities impacted by the climate crisis and corporate operations.
  • Mandated disclosure of the breadth of corporate greenhouse gas emissions, including “Scope 3” emissions from companies’ value chains.  For many companies, Scope 3 emissions are the largest source of climate emissions, so it is crucial that they are disclosed and addressed.

The climate cannot wait.

The SEC must mandate the disclosure of climate information that investors, companies, and stakeholders need to protect human rights and communities, the environment, and the economy.

For people and the planet, 

Fran Teplitz
Executive Co-Director for Business, Investing & Policy, Director of the Green Business Network®

 

P.S. Your support means we can do even more to reverse climate change and protect the future for people and the planet. Please contribute today.

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