There’s only one week left to submit comments to the Securities and Exchange Commission (SEC) regarding their proposed rule that will require all publicly-traded companies to report on the financial risks that climate change poses to their businesses.
This rule will provide investors with much-needed information about companies’ climate-related financial risks in a reliable, consistent and comparable manner so they can make better, more-informed investment decisions that will protect retirement portfolios from climate-related financial risks. Standardizing corporate reporting on the financial risks of climate change is an essential part of the transition to a net zero economy.
Investors large and small are supporting this proposed rule and we’re encouraging everyone who wants the U.S. to act on climate-related financial riskto tell the SEC to require climate risk disclosures.
Email your supportive comment directly to the SEC:
[email protected]
This is an historic moment! Ceres has been working for more than a decade to get the SEC to mandate corporate climate risk disclosure. Back in 2010, we successfully petitioned the SEC to release climate risk disclosure guidance that clarified what publicly-traded companies need to disclose to investors in terms of climate-related ‘material’ effects on business operations. This may be our only chance to require these companies to report on these risks. So please submit your supportive comment to the SEC before Friday, June 17.
Thank you for all you do to help us transform capital markets to reduce the worst financial impacts of the climate crisis.