May. 13, 2022
I strongly support the Securities and Exchange Commission’s (SEC) proposed rule to require publicly-traded companies to disclose climate-related financial risk information (S7-10-22). Climate change is impacting the whole world, and its effects—including extreme weather and related climate-fueled disasters—are accelerating. Humans and wildlife alike suffer the consequences of an unstable climate and environmental degradation perpetuated by polluters. As climate-related disasters increase in frequency and severity, the death and destruction are becoming harder to deal with. A stable financial system that can support the American economy is becoming more challenging to ensure especially while investors ae denied all the necessary information to make smart, climate- and community-investment decisions. I want to see a sustainable American market that gives investors and others the choice to support companies that try not to harm the environment and those that actively try to address climate change and related issues. Other countries are already requiring these types of climate-related disclosures from companies. It is time for the U.S. to step up and do the same. The environment is priceless, providing ecosystem services. With global average temperatures on the rise causing large losses in biodiversity, we are quickly losing what is precious to us. We need transparent information about climate-related investment risks. Thank you for proposing this rule, and I urge the SEC to finalize it as quickly as possible. Meredith Tucker