Subject: S7-17-22: WebForm Comments from Divestment Coalition
From: Divestment Coalition
Affiliation:

Jun. 14, 2022

June 14, 2022

 We support the proposed rule requiring disclosure of climate-related risks and metrics reflecting those risks. Existing disclosures do not adequately protect investors. The current disclosures are inconsistent and make it difficult for investors and shareholders to make investment or voting decisions aligned with their risk preferences. Many companies publish sustainability reports, but few reference sustainability factors in their SEC filings. Consistent, comparable, and reliable disclosures on material climate-related risks would serve both investors and capital markets.