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14 Jun, 2021 17:45

Big tech firms urge SEC to mandate regular climate reports

alphabet 2015_12_02

Seven tech companies urged the Securities and Exchange Commission to require businesses to regularly disclose climate reports to shareholders.

In a letter to SEC Chairman Gary Gensler on Friday, Alphabet, Amazon, Autodesk, eBay, Facebook, Intel and Salesforce put across this point in response to a request for public input on these disclosures.

“We believe that climate disclosures are critical to ensure that companies follow through on stated climate commitments and to track collective progress towards addressing global warming and building a prosperous, resilient zero-carbon economy,” the companies wrote.

The letter outlined several principles that the SEC should have incorporated into rules around climate disclosures. Among these, they said businesses should report on their relevant greenhouse gas emissions measured by relevant global standards.


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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.