Apr. 28, 2022
I am both an investor (mostly via retirement funds) and a citizen who is, frankly, quite worried about the global warming that we humans are responsible for. Raising awareness of which companies are responsible for how much of our greenhouse gas emissions improves the odds that companies will work harder to reduce that pollution in the interests of their good names, their business prospects and the climate, too. As a result, I offer overall support for the current SEC proposal to require that traded companies report on both how they are affected by climate change and how they are contributing to that problem. There is controversy over the Scope 3 category of disclosures. Given that a traded company's partners could be bigger polluters than the public company itself, I believe that the traded company should be required to report on greenhouse gas emissions by its partners. At the least, these annual reports should include such disclosures as they relate to the public company's largest partners. Thank you.