Makower: SEC climate disclosure rules will be satisfied with vague language
Joel Makower · A reality check on corporate sustainability · Nov 16, 2022 · at 17:25
Joel Makower, co-founder of GreenBiz Group, discusses the effectiveness and enforcement limitations of proposed SEC climate risk disclosure regulations with Stephen Lacey.
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“I also think it's going to, in, in its practice, in the compliance of, with whatever the SEC ultimately comes back with, is going to be, With sufficient, not necessarily loopholes, but the ability to meet the requirements with a bunch of vague language that doesn't really get to what we were hoping it would get to in terms of companies really assessing their risks and starting to first of all disclose them and then ultimately hopefully dealing with them.”
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