"Forewarned is forearmed: shareholders to benefit from new SEC climate disclosure rules" by Jonathan D. Uslaner Published in Reuters
May 9, 2022
In this Reuters article, "Forewarned is forearmed: shareholders to benefit from new SEC climate disclosure rules," BLB&G Partner Jonathan Uslaner discuss the recent proposal by the Securities & Exchange Commission (SEC), that includes a new rule requiring public companies to include climate-related disclosures in their registration statements and periodic reports. The author describes the SEC proposal as "a long anticipated and historic move," as the transparency will arm shareholders with the information needed to hold companies accountable and govern their investments. The author also points out that it is the most comprehensive requirement that the SEC has ever imposed relating to climate disclosures as it goes beyond just disclosure, but mandates companies to develop new procedures and policies to govern corporate climate operations and targets.
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