Jun. 06, 2022
I'm a Retired physicist, grandfather and climate activist who is concerned about the existential threat posed by the continued use of fossil fuels in our planet. I strongly support Rule S7-10-22 to require corporations to disclose climate-related financial risks. The climate crisis is the single greatest risk to our future, financially and otherwise. Investors and the public at large need clear, consistent, reliable information about the environmental impacts of corporate activity and what, if anything, they are doing to lower that impact. Many companies are already voluntarily disclosing their climate risks, but it's time for every company to get onboard. This rule would level the playing field by eliminating any competitive advantage created by a lack of climate transparency. 85% of Americans want U.S. companies to be transparent about their impact on people and the planet, according to a recent poll conducted by Just Capital. This is a clear, sensible, yet powerful intervention that will help right the ship for a clean, livable future for all Americans. Sincerely, Mark Hoffberg Palo Alto, California