Gensler Says SEC Climate Risk Rules Will Be Proposed by Year End
The SEC will likely call for qualitative and quantitative disclosures to avoid green washing and provide greater clarity on climate risk.
The SEC will likely call for qualitative and quantitative disclosures to avoid green washing and provide greater clarity on climate risk.
In a speech delivered on July 28, 2021, Gary Gensler, U.S. Securities and Exchange Commission (SEC) Chair, gave certain insights into the SEC’s approach to crafting new rules that would require SEC registrants to disclose information on climate-related risk.
There is broad and deep support for advancing mandatory, rigorous climate disclosure with the non-political motivation of protecting the future of the U.S. economy.