👎🏻👎🏻 The Warren Climate Risk Disclosure Act of 2019 👎🏻👎🏻
I’m in strong disagreement with the Warren sponsored bill the Climate Risk Disclosure Act of 2019 which would would direct the Securities and Exchange Commission (SEC) to require an issuer of securities to annually disclose information regarding climate change-related risks.
Even without regulators’ intervention, many companies are already making their own climate change disclosures. The industry-led Task Force on Climate-related Financial Disclosures (TCFD) has released recommendations on this issue and is tracking companies’ adoption of its recommendations. Investors, such as BlackRock, are also encouraging greater disclosure. There’s no need for the SEC to get involved.
10.20.19. SneakyPete. 👎🏻👎🏻👎🏻👌👎🏻👎🏻👎🏻