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iClima Earth's response to the SEC's request for comment on it's proposed rule: 'The Enhancement and Standardisation of Climate-Related Disclosures for Investors'

April 22, 2022

Gabriela Herculano, Rina Cerrato and Chris Searle

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Credit: Photo by Google DeepMind from Pexels

Click here to access the submission

Please find above our submission to the SEC in response to its request for comment on its proposed rule: 'The Enhancement and Standardisation of Climate-Related Disclosures for Investors.'

In the submission we show our support for the proposed rules and make three specific recommendations:

1. Require companies to split both their revenue and their CAPEX figures into ‘green’ and ‘brown’.

2. Make Scope 3 emissions reporting mandatory and provide companies with a ratcheting timeframe by which this reporting becomes mandatory.

3. Propose that companies publish data on the Potential Avoided Emissions (PAE) of their products.

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