SEC Request for Public Input: Climate Change Disclosures
Summary
ClientEarth US argues that climate change poses significant financial risks to corporations and the US economic system, necessitating bold SEC action to mandate adequate disclosures. In response to the SEC's March 15, 2021 Request for Public Input, the organization proposes seven recommendations intended to improve information quality for investors, promote international reporting consistency, and ensure that new rules are enforceable through regulatory proceedings and private litigation.
Key insights
- Climate change is characterized as a financial challenge rather than just a moral or environmental one, as greenhouse gas emissions and mitigation efforts create risks and opportunities that materially affect corporate financial performance and the stability of the United States economic system.
- Despite existing federal securities laws and SEC rules requiring risk disclosure, many corporations fail to comply; ClientEarth notes that the TCFD's 2020 status report found full adoption of its recommendations remains low despite growing support.
Cite the original document
- APA
- ClientEarth (2021). SEC Request for Public Input: Climate Change Disclosures. https://www.clientearth.org/latest/documents/sec-request-for-public-input-climate-change-disclosures/
- Chicago
- ClientEarth. SEC Request for Public Input: Climate Change Disclosures. 2021. https://www.clientearth.org/latest/documents/sec-request-for-public-input-climate-change-disclosures/.
- Wikipedia
- {{cite press release |author=ClientEarth |title=SEC Request for Public Input: Climate Change Disclosures |date=13 August 2021 |url=https://www.clientearth.org/latest/documents/sec-request-for-public-input-climate-change-disclosures/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{clientearth2021sec, author = {{ClientEarth}}, title = {{SEC Request for Public Input: Climate Change Disclosures}}, publisher = {ClientEarth}, year = {2021}, month = aug, url = {https://www.clientearth.org/latest/documents/sec-request-for-public-input-climate-change-disclosures/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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