Climate Change, Financial Markets & Corporate Disclosure
Tuesday, May 25th, 2021 12:00 PM - 1:00 PM
Coleman P. Burke Center for Environmental Law
Webcast Archive Content
Climate change is no longer just a question of environmental policy. President Biden has instructed all federal agencies to consider the climate implications of their actions. Treasury Secretary Janet Yellen has called climate change an "existential threat" to the global financial system and an urgent concern for federal regulators.
In March, the Securities and Exchange Commission asked for public input on whether current disclosure requirements adequately inform investors, market participants, and the public of climate-related risks. According to some, financial markets systematically underprice the broad, systemic risks presented by global climate change. Others discount the value of more stringent climate disclosure requirements and question whether financial and securities regulators are in the best position to address climate-related concerns.
- Does climate change post a risk to the U.S. or global financial system?
- Should the SEC and other federal regulatory bodies incorporate climate change into existing disclosure and regulatory requirements?
- Or, might such requirements do more harm than good?
Please join Professor Madison Condon of the Boston University School of Law and Professor Kevin Haeberle of William & Mary School of Law for a discussion of these and related topics.