"Sen. Elizabeth Warren (D-Mass.) is urging the SEC to require public companies to discuss the impact and risk of climate change as the regulator considers overhauling its rules for management disclosures.
In an April 28 letter to Jay Clayton, the Securities and Exchange Commission chairman, Warren writes that the agency is missing an important opportunity to arm investors with details about climate risks, information that is key to investment decisions.
“As health professionals and public health officials work to combat the ongoing coronavirus disease 2019 (COVID-19) pandemic, and as governments throughout the world work to address the associated economic collapse, we cannot also afford to lose sight of climate-related threats to our health and economic well-being,” the letter reads."
Amanda Iacone reports for Bloomberg Environment April 30, 2020.
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