are in response to demands from the investment community for more consistent, comparable and reliable financial data from companies about the risks their businesses face from climate change.Screenshot of SEC Climate disclosure rules factsheet
Kristina Wyatt, who just finished a one-year term at the Securities and Exchange Commission heading the task force developing its proposed climate risk disclosure rules – as Senior Council for Climate and ESG to the Director of the Division of Corporate Finance at the SEC and is now Senior Vice President of Global Regulatory Climate Disclosure and Deputy General Counsel at Persefoni – explained on that they were pushed by investors to act.
that, “It deals with four interwoven challenges…The first is the post-pandemic reality, the second is the economic downturn, the third is the climate crisis, and the fourth is inequality and racial equity… The general theme is that the road to economic recovery is through climate action.”
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