United States:
Chair Gensler Advocates For Mandatory Climate Risk Rules
06 August 2021
Akin Gump Strauss Hauer & Feld LLP
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In a recent speech before the Principles for Responsible
Investment's "Climate and Global Financial Markets"
Webinar, the Securities and Exchange Commission's (SEC) Chair
Gary Gensler advocated for mandatory climate risk disclosure rules.
In the speech, Gensler offered his views on why mandatory climate
risk disclosure rules are needed and addressed some of the specific
attributes he has asked the SEC staff to consider in drafting the
forthcoming rule proposal.
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