Sep. 30, 2022
What you like about the Rule, and why.- What I like about the rule is it is pretty much straight forward as it explains the (Exchange Act) that would require registrants to provide certain climate-related information in their registration statements and annual reports. The proposed rules would require information about a registrants climate- related risk that are reasonable likely to have a material impact on its business, results of operation, or financial condition. The required information about climate-related risk would also disclose of green house gas emissions, which have become a commonly used metric to assess a registrants exposures to such risks. In addition, under the proposed rules, certain climate- related financial metrics would be required in a registrants audited financial statements.( federalregister.gov) Therefore, this rule would require registrants climate risk in history, future or present that could possibly be a threat or damage human life and that is why I agree with this rule. Where you see room for improvement, and why.- There is always room for improvement as in the area of make the rules and acts more clear and understanding. Too much jargon. What clarifications, if any, you would like to see.- Too much jargon. Who actually does the reports and makes the acts/ rules final? Clarification on step by step on the process of how all this is completed and done and post the scientific data from the past and future predictions. More clear understanding. Simple terms.