Jun. 16, 2022
Dear Sir/Madame - My name is Joel Kanter, and I am from Washington, D.C., although my office is in Virginia. I am writing today to express my strong support for the Securities and Exchange Commission’s (SEC) proposed rule to require publicly-traded companies to disclose climate-related financial risk information (S7-10-22). The risks to companies posed by climate change are well documented by numerous government studies and impact companies’ financials, making them essential information for investors, the public, and other market participants to be aware of when making investment-related decisions. In order to ensure that investors and the public have the best information possible, the SEC must make this proposal as strong and legally durable as possible, and move quickly to finalize, implement, and enforce these disclosure requirements. By requiring that public companies disclose climate-related information in a reliable, consistent, and comparable manner, the SEC ensures that investors have access to standardized information about companies’ carbon pollution and climate-related risks. The rule will also put the U.S. closer to other countries already requiring these types of climate-related disclosures from companies or will shortly. Wall Street and Main Street investors and the general public need to be aware of how companies are impacted by the financial risks of climate change when making decisions about their portfolios and consumer habits. This proposal is well aligned with the SEC’s mission and within its authority to protect investors, ensure fair, orderly, and efficient markets, and facilitate capital formation, and I thank the SEC for issuing it. Joel Kanter President Windy City, Inc. 8000 Towers Crescent Drive Suite 1300 Vienna, VA 22182 Board Chair Black Student Fund Board Member Fibralign Bio, Inc. Board Chair First Wave Technologies, Inc. Board Member & Past Board Chair Independent School Chairpersons Association Board Co-Chair Johns Hopkins Center For Gun Violence Prevention & Policy Past Board Chair & Trustee Emeritus The Langley School McLean, Virginia Board Member Orpheus, Inc. Board Member Primal Therapies, Inc. Board Member Serpin Pharma, Inc. Board of Advisors Member Tulane University School of Science & Engineering Board Member Voices For Progress