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Energy and Environment

SEC signals backing for requiring companies to disclose climate risks

By Abby Smith
Published
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SEC signals backing for requiring companies to disclose climate risks

The Biden administration is signaling it is supportive of efforts to require companies and financial institutions to disclose the risks their businesses faces from climate change.

The move would be welcomed by many big investors, including asset managers such as BlackRock, as well as sustainable investment groups and environmental activists who would see it as a tool for pressuring companies to cut emissions in line with global climate targets.

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Carbon Climate Change Greenhouse Gases Paris Agreement SEC