Climate-Change Investor Disclosures
Reflecting views of the Biden Administration and those of its nominee to chair the SEC, Acting Chair Allison Herren Lee is requesting public views ahead of more formal proposals revising the climate-risk disclosures to be required of publicly registered companies.  The SEC now has only posed a series of questions, but the questions and an accompanying speech make it clear that the Commission is moving as quickly as possible to craft a climate-risk disclosure regime that relies to the greatest extent possible on comparable, quantifiable data that may vary by industry sector, registrant size, and other factors.  A voluntary regime is possible, but questions about attestation requirements to ensure stringency suggest that the SEC would also allow voluntary disclosures only with safeguards.

GREEN6.pdf