Feb. 26, 2023
February 26, 2023 I appreciate that with this new proposed rule registrants are required to report their projected climate related data in their registration statements. It puts everything out in the open so there is less of a risk for surprise when it comes to the impact they could have on the climate. This also ensures that more accurate information is reported from the beginning so that investors know which businesses they actually should be investing their money in. I overall can see how this rule would be very efficient for investors. If I could suggest any room for improvement I would say that while this rule is meant to be proactive so there is no need for reactive action, what is the course of action if registrants report the information asked for and then they don't abide by it? What if they submit plans they have no intention of going through with? I think this rule should address possible reactive responses and consequences. Besides my last remark though, I think this rule has potential t o be very effective. It is clear and concise and I think that registrants that read this rule won't have much room to be confused. It is straight forward and direct and I don't feel like anything needs to be clarified.