May. 10, 2022
**** May 10, 2022 I am a three-time company founder, and entrepreneur. Each and every time I've owned profit and loss reporting for one of my companies, one thing has always been key, and that is assumption of a stable or growing base of customers. It is the validity (or not) of that assumption that drives my ability to raise capital either via loans or securities. It would be a material falsehood to not include assessments about how climate change may impact the consumption patterns of our customers, or our ability to continue obtaining input materials. Obviously, this is not in the best interest of large companies that likely have great exposure to climate change related risks. However, if we are to make good financial decisions, this (currently not visible) exposure desperately needs a standard set of reporting rules for us to use to make sure that we all have the same standards for assumption of financial risk. This type of regulation is critically needed and I hope the commission will adopt it. ****