Jun. 16, 2022
June 16, 2022 Last year in the U.S. alone, climate change fueled extreme weather caused at least $145 billion worth of damage. Over the next decade, these climate disasters are predicted to only increase in number and severity, resulting in physical risks to companies such as damaged or destroyed facilities from floods, fires and storms. By ensuring public companies disclose climate-related information in a reliable, consistent, and comparable manner, the SEC is ensuring that investors have access to standardized information about companies carbon pollution and the climate-related risks that companies face so they can make informed investment decisions.