March 22, 2022
As a young investor concerned with the livability of our planet for both myself and the future population, I currently direct my investments toward environmentally conscious companies. The majority of my investments are in ESG-related funds for this reason. The implementation of this rule would further inform my choices to invest in responsible, climate-conscious companies and would provide uniform concrete measurements enabling true comparison of impact when deciding between different options.
Public statements made against this rule range from merely self-serving to flat-out insulting to investors: suggesting revelation of climate data would \"create confusion for investors,\" (Frank Macchiarola, American Petroleum Institute) needlessly and insultingly brings investors' abilities to make their own informed decisions into question. Hester Price's quote that, The results wont be reliable, let alone comparable,\" is nothing more than FUD propaganda, suggesting incompetence among the regulatory bodies. Similar \"stats for dummies\" have successfully been developed for nutrition facts, creditors, and even ISPs there is nothing that makes accomplishing the same thing for climate impact harder other than ignorance and unwillingness.