Posted on by Christopher K. Merker, Ph.D., CFA

Securities regulators world-wide ‘gravitating’ to sector-specific approach to climate disclosure, US SEC chief says (mLex)

Securities regulators world-wide are “gravitating” to a view that companies’ global-warming disclosures should differ by industry sector, US Securities and Exchange Commission Chairman Jay Clayton said.

Clayton said he spoke with an International Organization of Securities Commissions task force yesterday about how to create global standards that are “meaningful.”

“This is an area where, for certain sectors and certain companies, we all believe disclosure is required, it’s material,” he told the Senate Banking Committee yesterday. “Different sectors, different ways.”

https://mlexmarketinsight.com/insights-center/editors-picks/area-of-expertise/energy/securities-regulators-world-wide-gravitating-to-sector-specific-approach-to-climate-disclosure

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.
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