Investors Call for Mandatory Sustainability Reporting

This past January, the U.S. Securities and Exchange Commission (SEC) released guidelines to support publicly traded corporations in disclosing their climate change risks to shareholders.  According to SEC Commissioner Eisse Walter, the decision was “designed to improve the quality of disclosures filed by U.S. public companies for the benefit of investors.”

Now member organizations of the Social Investment Forum (SIF) are encouraging the SEC to take the corporate reporting requirements further and define mandatory ESG (environmental social governance) reporting according to Global Reporting Initiative (GRI) reporting guidelines. 

The GRI is the world’s most widely-used sustainability reporting framework and is “a comprehensive, uniform set of sustainability indicators comprised of both universally applicable and industry-specific components,” according to the SIF.

Ground-Breaking Decision from the SEC

The U.S. Securities and Exchange Commission released guidelines this week to support publicly traded corporations in disclosing their climate change risks and opportunities to shareholders. “I do not believe that public companies today are doing the best job they possible can do with respect to their current mandated disclosures,” said SEC Commissioner Eisse Walter. The decision “is designed to improve the quality of disclosures filed by U.S. public companies for the benefit of investors.”

BrownFlynn is pleased to be uniquely positioned to provide clients with strategic consultation in response to the SEC’s ground-breaking decision. 

Attached are two recent examples of our client work in the areas of:

		Carbon and Climate Change Strategy and Reporting
		Sustainability Rankings Advisory Services via BrownFlynn’s proprietary Framework for Prioritization℠

For more information, please email Barb Brown at barbb@brownflynn.com or Margie Flynn at margief@brownflynn.com.