SEC to Vote on Climate Disclosure Rules
In 2007, a handful of states, public interest groups and New York City asked the Securities and Exchange Commission to mandate broader disclosure of climate-related risks. They may be about to get their wish.
Yesterday the SEC posted public notice that it plans to vote on “whether to propose amendments that would enhance and standardize registrants’ climate-related disclosures for investors.” The vote will be held on Monday, March 21.
Advocates of expanded disclosure, including SEC Chair Gary Gensler, argue that such requirements are necessary to ensure that investors are properly informed of the risks climate change, and climate change policies, pose to their investments, and that climate-related risks are accurat
Article from Reason.com
