EXCLUSIVE: Newly-uncovered information and internal communications show a firm that makes software to report climate data was involved in crafting relevant federal regulations.
GOP Seeks Interviews With SEC Chiefs on ESG and Europe bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
<p><span>Today marks an important and long-awaited step forward for the Securities and Exchange Commission. While other jurisdictions and independent bodies have made significant strides to provide investors and companies with a basic framework for climate-related disclosures,</span><span> for too long we have left the U.S. markets to rely solely on outdated and outmoded guidance.</span></p>
<p><span>This is a watershed moment for investors and financial markets as the Commission today addresses disclosure of climate change risk – one of the most momentous risks to face capital markets since the inception of this agency. The science is clear and alarming,</span><span> and the links to capital markets are direct and evident.</span></p>
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On Friday, SEC Chairman Gensler announced the appointment of
five lawyers to his policy staff. Among them is one
individual Mika Morse, who previously worked for Senator Brian
Schatz (D-Hawaii) with the title of climate counsel
whose policy remit is to be the lead policy advisor on
climate-risk finance issues.
Chairman Gensler s decision to appoint someone to his policy
staff whose sole focus will be on climate risk and its impact on
financial matters further highlights the importance of climate
issues to the SEC s agenda. It seems clear that noteworthy