US SEC’s climate disclosures needed to protect investors, says expert panel

Panel of experts rebuffs criticism of US Securities and Exchange Commission’s climate disclosure proposals, siding with chair Gary Gensler on their relevance to investor protection.

The US Securities and Exchange Commission has sought to buttress its case for proposals to impose mandatory climate-related disclosures on companies — which some view as controversial — with a panel of expert testimony that reported investors’ support for the initiative during an open meeting of the SEC’s Investor Advisory Committee.