Investors say U.S. SEC climate disclosure rule to clarify ‘mixed bag’ of data

Photo: Workers lift a solar panel onto a roof during a residential solar installation in Scripps Ranch, San Diego, California, U.S. October 14, 2016. Picture taken October 14, 2016. Photo credit: Reuters / Mike Blake / File Photo / File Photo. Article by Ross Kerber. Reuters – March 22, 2022.

BOSTON, March 22 (Reuters) – Investors, including several who run environmentally focused funds, welcomed the U.S. government’s proposed new rule on corporate disclosure of climate-related risks and emissions, saying it would standardize reports that now are voluntary and vary widely in quality and breadth. The investors said the U.S. Securities and Exchange Commission’s draft regulation, if finalized, would make it easier for money managers to judge how different companies and industries are handling the challenges and opportunities of a warming planet. […]

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