U.S. SEC chair Gensler says new climate risk rules will require companies to detail, measure commitments to mitigating climate change
Reuters
Published Dec 07, 2021 11:45AM ET
Updated Dec 07, 2021 12:34PM ET
WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission (SEC) told an audience of public company executives on Tuesday that its pending climate risk disclosure rules will require companies to detail, measure commitments to mitigating climate change.
Gary Gensler added that while many companies have offered public commitments to climate change, he is curious about how many firms measure it.
"Yes, it's about the future. Yes, it might be aspiration, but then what stands behind [those commitments]? ," Gensler said. "You can't really manage what you're not measuring."
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Written By: Reuters
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