NextGen

NYS Dept. of Financial Services Calls for Climate Disclosures from Public Companies

GettyImages-1189129733-wind-carbon-climate-change called on the Securities and Exchange Commission comment on disclosure rules
  • * Require consistent, comparable and timely disclosures on governance, business strategies and risk management related to the material risks from climate change that companies face;
  • * Take a proportionate approach that reflects each institution’s exposure to climate risks and the nature, scale, and complexity of each institution’s business; and
  • * Balance disclosure requirements and regulatory burdens while coordinating with other regulators.