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Comments Offered to the Securities and Exchange Commission Concerning its Call for Comments on Climate Change Disclosures

image credit: H. Sterling Burnett
H. Sterling Burnett's picture
Senior Fellow and Managing Editor, Environment & Climate News The Heartland Institute

H. Sterling Burnett, Ph.D. is a Heartland senior fellow on environmental policy and the managing editor of Environment & Climate News.Prior to joining The Heartland Institute in 2014, Burnett...

  • Member since 2017
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  • Aug 2, 2022

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The SEC should not mandate companies under its regulatory control provide climate change risk disclosures.

From the comments:

The factors which are likely to materially impact the success or failure of publicly traded companies, investment management firms, and mutual funds are best known to the officers and managers of the firms and funds themselves, not the Securities and Exchange Commission (SEC), other regulatory agencies, politicians or self-appointed stakeholders, including climate activist, not actively involved in the business.

The SEC should have no role in requiring businesses account for climate risks in their business and investment decisions. 


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