By Randi Mail, Director, Campaigns, Ceres Accelerator for Sustainable Capital Markets
Over the past few months, there has been a lot of buzz about the benefits and challenges to companies of measuring, disclosing, and reducing the greenhouse gas (GHG) emissions in their supply chains – what’s known as scope 3 emissions. The reality is that leading companies are tracking and tackling both upstream and downstream supply chain emissions because it makes good business sense.
By Randi Mail, Director, Campaigns, Ceres Accelerator for Sustainable Capital Markets
Over the past few months, there has been a lot of buzz about the benefits and challenges to companies of measuring, disclosing, and reducing the greenhouse gas (GHG) emissions in their supply chains – what’s known as scope 3 emissions. The reality is that leading companies are tracking and tackling both upstream and downstream supply chain emissions because it makes good business sense.
September 15, 2022 /3BL Media/ - Speaking before the Senate Banking Committee today, U.S. Securities and Exchange Commission Chair Gary Gensler testified that the agency has the legal authority to put forth and enact rules that will protect investors from risks in the market, including the financial risks associated with climate change.
Steven M. Rothstein, Managing Director, Ceres Accelerator for Sustainable Capital Markets at Ceres reacted to the Chair’s testimony:
by Ronald J. Sanchez, Fiduciary Trust International
Article
On March 21, 2022, the Securities and Exchange Commission (SEC) proposed new climate-related disclosures for publicly traded companies (Proposed Rule S7-10-22 on the Enhancement and Standardization of Climate-Related Disclosures for Investors). The SEC would require that companies disclose to investors climate-related risks likely to have a material impact on their business, as well as report their annual greenhouse gas emissions.
Nine federal agencies have taken 230 actions to address climate financial risk, according to a new 2022 Ceres scorecard.
Press Release
June 27, 2022 /3BL Media/ - A new scorecard released today by Ceres shows that U.S. financial regulators across nine federal agencies have taken 230 actions since April 2021 to tackle the financial risks of climate change, a clear sign of regulatory progress.
AMES, Iowa, May 31, 2022 / 3BL Media/-- Workiva Inc. (NYSE:WK), the company powering transparent reporting for a better world, today applauded Senator Mark Warner (D-VA) and Senator Mike Crapo (R-ID) for their introduction of the Financial Data Transparency Act (
Investors need a complete picture of issuers’ financial risks to make informed decisions about their portfolios—and that includes climate-related risks, Anne Simpson, the global head of sustainability at Franklin Templeton, explained during a virtual meeting of corporate executives and investors that Ceres hosted on April 12 with Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), to discuss the agency’s new landmark climate disclosure proposal.
For years, ESG has dominated headlines and boardrooms as stakeholders' demands evolve and regulators establish landscape-changing ESG disclosure mandates. Now that the SEC has released its climate disclosure proposal, join Workiva’s Steve Soter and WilmerHale’s Alan Wilson and Lily Brown for "The SEC Climate Disclosure Mandate: What You Need to Know," a live webinar where you can participate in Q&A and receive complimentary CPE credit.
The new rule-change proposal for public companies in the US to report enhanced climate-related risks is undoubtedly a positive development for the world’s largest economy.
A recommendation to change rules relating to climate-related disclosures in the US was announced by the Securities and Exchange Commission (SEC), which would see public companies reporting on how they assess, measure and manage climate-related financial risks while being transparent about environmental challenges such as greenhouse gas emissions.
