· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiRemarks Before the Reuters Events’ Responsible Business USA 2022
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler defends the climate disclosure proposal.
Problems raised
- Climate risks can hurt companies financially.
- Investors lack reliable climate information.
- Forward-looking statements carry liability concerns.
Solutions proposed
- Propose climate-related disclosures.
- Meet strong investor demand for this information.
- Apply safe harbours for forward-looking statements.