April 24, 2022
I believe that The Securities and Exchange Commission proposal to require registrants to provide climate-related information in registration statements and annual reports is a long overdue proposal. Providing climate-related information on annual reporting would bring risks such as registrants greenhouse gas emissions to light. In doing so this would provide the needing information to assess exposure to such risks as well as federal and public knowledge to the risks and access to the metric to assess such risks. As a citizen, any resistance to this proposal brings to light that a company has climate-related exposure that they wish not to bring to the publics notice. These are the industries or companies that probably need to be on the public and federal agencies radar. This rule should be partnered with the EPA agencies to audit registration statements and annual reports to determine high environmental risks before they become harmful or create climate related risks. Penalties, fines, and government related grants and funding should be applied or withheld as incentives or punishments to the provided annual reporting.