The planet is literally
on fire, and 'protecting the economy' is the
classic excuse to dodge urgently needed climate action
and reform. But in a twist of irony,
climate change is bad for business, too.
Luckily, the U.S. Securities & Exchange
Commission (SEC) is stepping up with a new rule proposal
that would require companies to disclose how
global warming affects their business, along with how
those businesses contribute to climate change in the
form of emissions data.
Supply chain issues, public
health concerns, agricultural disruptions, and
disturbances to infrastructure are all becoming
increasingly common as the climate changes -- and these
all affect a company's bottom line. Having to disclose
these potential issues, along with how a business is
contributing to the climate crisis, is sure to push
companies in the right direction because money is the
ultimate motivator. Investors can use this
information to choose the most sustainable, stable
businesses to get behind -- pushing
companies to develop green, secure
practices and policies.
The
comment period is
currently open for members of the public to vocalize
their support for the new rule. Sign the petition now to tell
the SEC: monitoring climate impacts is vital! We support
the rule
change!