by Zetian "Tim" Zhang, Associate Consultant, Sustainability, Energy and Climate Change WSP USA
Recent media coverage of the SEC’s proposal on climate risk and emission disclosure has focused on the impact for companies and their investors. But what about their talent pool — the rising cohort of students and job seekers? How could they be best prepared in this emerging job market?
To answer these questions, let’s first talk about the core problem the SEC proposed rule is trying to solve.
Experts are praising the SEC's newly proposed climate risk disclosure rule, which would require businesses to bake climate risk into their overall risk management plans.
The U.S. Securities and Exchange Commission's newly proposed climate risk disclosure rule sets a clear course for business sustainability efforts and provides quantifiable climate impact data to investors.
March 21, 2022 /3BL Media/ - Ceres welcomes a new landmark rule proposal issued today by the U.S. Securities and Exchange Commission (SEC) that would require U.S. publicly-traded companies to disclose annually how their businesses are assessing, measuring, and managing climate change financial risks. The proposal is aligned with recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), the leading global framework supported by more than 3,000 companies and 90 jurisdictions around the world.
Eighty-seven percent of Americans, including 74 percent of Republicans, agree that public companies should disclose their risks from climate change
February 17, 2022 /3BL Media/ - As the public awaits the U.S. Securities and Exchange Commission’s proposed rule on mandatory climate disclosure for publicly-traded companies, a new poll sponsored by the nonprofits Ceres and Public Citizen, in partnership with JUST Capital and SSRS, found that 87 percent of Americans are in favor of companies reporting their climate-related risks.
Many of us in the ESG (Environment, Social, Governance) space, have dreamed of the day when governments would start to set rules about sustainability reporting. We have hoped to see more pressure on companies to fully and consistently tell their stories. Over the past few months, our dreams have started to come true. However, we now realize we may be dealing with a nightmare!
The newest SEC staff interpretation relating to shareholder proposals is poised to make it easier for ESG issues to get onto the ballot at company annual meetings. Investors should take steps to put issues of gender and diversity front and center. While terms like “diversity,” “inclusion,” and “gender lens investing” are becoming part of corporate and investing vocabulary, implementation of the values for which those concepts stand is far from complete.
BELLEVUE, Wash., December 2, 2021 /3BL Media/ - Who’s got game? Female athletes! As an official sponsor of the SEC, T-Mobile (NASDAQ: TMUS) wants to help the entire SEC community thrive. T-Mobile also recognizes the importance of women’s sports and the role that youth sports can have on allowing female athletes to one day compete at the highest levels like the SEC. The Un-carrier is proud to announce a $50,000 donation to each of the SEC’s 14 universities – totaling $700,000 – supporting the advancement of women’s athletic programs.
Central banks around the world are responsible for ensuring economic and financial stability. So why would some of them minimize perhaps the most significant threat to the future of our society and its financial markets – climate change?