SEC’s Gensler promises new climate risk rules by year end; stays mum on company liability
July 28, 2021 at 12:49 PM EDT
Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the SEC will release a proposed rule mandating public companies disclose climate risk by the end of the year, but gave few hints as to how strict the rules will be and whether investors will be able to sue companies for straying from climate goals.
