SEC’s Rescission of Its Climate Risk Disclosure Rule Burns Investors
Better Markets is challenging the SEC's proposal to rescind its climate risk disclosure rule, arguing that it deprives investors of essential information. The organization contends that climate-related risks are fundamental to evaluating corporate stewardship and financial health.
Why it matters
The debate over climate disclosure rules impacts how corporations report long-term environmental risks and how investors assess the sustainability of their portfolios.
WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets , issued the following statement in connection with the filing of Better Markets’ comment letter to the Securities and Exchange Commission (SEC) regarding its proposal to rescind the climate risk disclosure rule that it adopted in 2024:
“The rescission of the SEC’s climate risk disclosure rule will deprive investors of material information essential to making informed investment decisions. There can no longer be any serious dispute that the climate-related risk companies face matter greatly to their future prospects. An SEC that was serious about protecting investors would be facilitating investors’ access to this information, not preventing them from understanding how climate-related risks are impacting the companies in which they invest their hard-earned money.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in