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Remarks Before the Reuters Events’ Responsible Business USA 2022

· Gary Gensler, Chair of the U.S. Securities and Exchange Commission (United States)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature

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· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiRemarks Before the Reuters Events’ Responsible Business USA 2022

ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.

Why it mattersGensler defends the climate disclosure proposal.

Problems raised
  1. Climate risks can hurt companies financially.
  2. Investors lack reliable climate information.
  3. Forward-looking statements carry liability concerns.
Solutions proposed
  1. Propose climate-related disclosures.
  2. Meet strong investor demand for this information.
  3. Apply safe harbours for forward-looking statements.
Read full speech on sec.gov ↗

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