October 1, 2021
SEC Climate Change Proposals May Slip
One topic that disclosure committees are particularly focused on these days is the prospect for SEC disclosure requirements concerning climate change risks, which the SEC has identified as a top regulatory priority. Back in July, SEC Chair Gary Gensler indicated in a speech on the U.N. Principles for Responsible Investment “Climate and Global Financial Markets” webinar that he had asked for climate disclosure recommendations from the staff for consideration by the Commission by the end of the year.
It has now been reported that, during a recent interview at the Council of Institutional Investors Fall conference, Gensler indicated that climate rule proposals may not be considered by the Commission until late this year or early next year, and that human capital disclosure rules would follow in a very active period between now and next spring.
What we can expect from the SEC on these and other rulemaking initiatives (and when) will be topics that we will discuss in detail at our upcoming conferences, which are now less than two weeks away! Be sure to register today!
– Dave Lynn