SEC’s Gensler Floats Possible Aspects Of Broad Climate Disclosure Rule

Securities & Exchange Commission (SEC) Chairman Gary Gensler is outlining several key elements of an expected rulemaking to require public companies to disclose a host of climate change-related risks, an effort that appears significantly broader than what finance sector officials have sought. In June 23 remarks at the virtual London City Week event, Gensler framed the upcoming rule as helping investors determine how to allocate their funds. “Today, investors increasingly want to understand the climate risks of issuers,” he said...