Subject: S7-10-22: WebForm Comments from League of Conservation Voters
From: League of Conservation Voters
Affiliation:

Jun. 1, 2022

June 1, 2022

 I hope you're doing well today and thank you for the opportunity to comment. I am writing in support of your agencys proposal to require Climate-Related Disclosures for Investors.

Climate change is an existential threat to our economy. The financial risks posed by climate change to investors, other market participants, and the economy are real and well documented. One quick example: only the 20 most costly extreme weather events, fueled by fossil fuel-created climate change, in 2021 cost our country $145 Billion. That is a lot of money, and companies were placed in financial harms' way because of these and many other climate impacts and risks.

Not paying attention to climate change puts business and jobs at risk. Your proposed rule is a step in the right direction to provide investors and other market participants with clear, consistent, and comprehensive information so they can make informed investment decisions.

Shareholders deserve to understand and be protected from the increasing climate-related risks of the companies they are investing in. The rule could go even further to require all stage 3 emissions be reported upon, so consumers and investors are the most informed about where to put their money.