Capital Markets & Securities Law Watch

On March 6, 2024, the US Securities and Exchange Commission (SEC or Commission) announced the adoption of final rules requiring registrants – both domestic companies and foreign private issuers (FPIs) – to include climate-related information in their registration statements and annual reports. 

In a videoconference with the European Parliament, Securities and Exchange Commission (SEC) Chairman Gary Gensler commented that he had asked SEC staff to make recommendations for new disclosure requirements for fund and asset managers on the criteria and data that they use to apply “green,” “low-carbon,” or “sustainable” labels to their investments.

On July 28, 2021, Securities and Exchange Commission (SEC) Chair Gary Gensler delivered prepared remarks before the Principles for Responsible Investment “Climate and Global Financial Markets” webinar where he directed “SEC staff to develop a mandatory climate risk disclosure rule proposal for the [SEC’s] consideration by the end of the year.”