Chair Gensler Renews Case For Mandatory Climate Risk Rules

The Securities and Exchange Commission's (SEC) Chair Gary Gensler recently made another case for mandatory climate risk disclosure rules in a speech before the Principles for Responsible Investment's “Climate and Global Financial Markets” Webinar. In the speech, Gensler offered his views on why mandatory climate risk disclosure rules are needed and addressed some of the specific attributes he has asked the SEC staff to consider in drafting the forthcoming rule proposal.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.