Sep. 15, 2022
Dear Chair Gensler: I want to invest to make the world a better place for next generations to live. I am writing to thank you for taking steps to make it possible for investors like me to understand climate risk. As an investor looking to maximize my returns, I need to know whether a company is preparing to be successful in a low carbon world. More economies are adopting policies and taking steps to align with the goals of the Paris Agreement. Companies not working to reduce their Scope 1, 2, and 3 greenhouse emissions may not be prepared for the future. Without this information I may not be able to tell what companies are likely to continue to be profitable as the economy transitions to clean energy and which companies could put my saving at risk. Earlier this summer you proposed a rule to require publicly traded companies to disclose "material"Scope 3 emissions. Many investors-- both asset managers and individual investors like me-- asked you to make this a requirement for all large public companies, and I am hopeful that you will listen to the voices of regular people like me not just big corporations looking to hide their risks. As you finalize these rules I wanted to thank you for doing everything in your power to ensure that investors like me have the information we need to be able to make smart investing decisions for a low carbon future. I m looking forward to seeing strong greenhouse gas disclosures inclusive of Scope 3 emissions in your ruling later this year. We retirees need this information for having enough money for the rest of our life and investing in wht the future needs to hold. Sincerely, Jane Goldthwait