SEC Chairman Gensler, in a set of prepared remarks before the Investor Advisory Committee that focused on cryptocurrency, nonetheless availed himself of the opportunity to once again emphasize that “investors . . . are looking for consistent, comparable, and decision-useful disclosures” concerning “climate . . . risks.”
This repeated emphasis on climate disclosures by the leaders of the SEC reinforces their oft-stated intent to promulgate new regulations that will detail disclosure requirements for companies focusing on climate change risk. Such regulations have been a stated priority of the Biden Administration since its inception, although they have not yet been promulgated or implemented.
Source:
- Mintz via JD Supra: SEC Chairman Gensler Re-Affirms Focus on Climate Disclosures
