SEC's Climate Risk Disclosure Rules and Their Importance
The U.S. Securities and Exchange Commission (SEC) recently filed a court brief emphasizing the need for climate risk disclosure rules. These rules are designed to safeguard investors by improving transparency around the financial impacts of climate change. The urgency of this matter is highlighted by the staggering financial toll of extreme weather events. From 1980 to now, such events have cost the United States $2.7 trillion, according to the National Oceanic and Atmospheric Administration (NOAA).
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