Washington, D.C. – In response to the Securities and Exchange Commission’s proposed rule on climate risk disclosure, the League of Conservation Voters (LCV) released the following statement from Government Affairs Advocate David Shadburn:

“Shareholders deserve to understand and be protected from the increasing climate-related risks of the companies they are investing in, and today’s reasonable proposal from the SEC is a good step towards better transparency and standardization. We’re glad to see the SEC meeting its mandate to protect investors and ensure well-functioning markets by taking climate risks seriously. Importantly, uniform climate risk disclosures will level the playing field and limit companies’ ability to greenwash and make unsubstantiated emissions reduction pledges. We look forward to submitting comments in support of the strongest possible rule during the public comment period.”

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