Oct. 30, 2022
October 30, 2022 I fully support this measure. Too often businesses have privatized the profits while socializing the costs. While these rules do not go far enough, they are a move in the correct direction. Greater transparency upfront regarding the climate related risks associated with a particular business' activity can help to ensure that actions are taken to offset these risks. If BP, Exxon, or walmart are increasing the world's temperatures with their business practice they could and should (in my opinion) be held financially responsible for those damages. That is a business liability, as a liability and risk to shareholders it needs to be addressed. For these reasons I support increasing the reporting / disclosure of a company's climate related risks.