TCS submitted comments to the U.S. Securities and Exchange Commission in response to its proposed rule “Enhancement and Standardization of Climate-Related Disclosures for Investors” published on April 11, 2022 (87 FR 21334-21473).

Taxpayers are currently paying the costs of climate change, and these costs are only expected to increase. Requiring climate-related disclosures would further the public, policymakers, and watchdog organizations’ ability to track companies’ contributions to climate change and, ideally, help protect taxpayers from shouldering the costs of climate change created by polluting industries. Knowing more about how private companies are affected by climate-related risks is a positive and necessary step towards curtailing these costs.

Download or read our comments below.