Mar. 31, 2022
Dear Chair Gary Gensler, I support for Proposed Rule S7-10-22: Enhancement and Standardization of Climate-Related Disclosures for Investors. Investors need to know whether climate-related disasters, such as hurricanes, have been considered by companies as they plan for the future. I don't own much stock directly, but I do have shares in mutual funds. My pension plan (CalSTRS) needs to know what thoughts companies have given to potential problems. As we consider the significant instability and disruption that climate change will bring to our financial and economic systems, it is important to have implementation and enforcement of a strong rule will give investors like me the tools we need to protect our investments and hold companies accountable for reducing heat-trapping emissions. I applaud the SEC for exercising its mandate to ensure that investors and the public have access to science-based information about risks that could affect their investments. Climate change will have far-reaching impacts across our society and having data about its likely effects on companies’ assets and long-term business outlook is essential for investors to make informed decisions and protect the wellbeing of our economy. Please pass a strong climate disclosure rule as soon as possible. Sincerely, Mrs. Mary Stewart Wilmington, CA 90744