Subject: File No. S7-10-22
From: Eve F. Gutman
Affiliation: Research Assistant, Earth Quaker Action Team

March 28, 2022

Thank you for creating this proposed rule.

As you know, Environmental, Social, Governance investing is a booming sector of the finance industry. However, as current regulations stand, asset managers can get away with unacceptable greenwashing, leaving customers misinformed about where their money is being invested.

It is vital that the federal government regulates not only disclosures on climate-related risk but also disclosures on climate impact. It is especially noteworthy that the proposed rule requires companies to disclose Scope 3 greenhouse gas emissions, if material, or if the registrant has set a greenhouse gas emissions reduction target or goal that includes its Scope 3 emissions.

Please implement the rule as is, without weakening any of its provisions. Thank you again for this vital progress towards an economy that supports a livable future for humanity.