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On March 21, the U.S. Securities and Exchange Commission ("SEC") is set to vote on its long-anticipated climate-related disclosure framework for SEC-registered companies.
Climate change could have serious impacts on the mortgage industry, and stakeholders should take action now.
Climate Change Disclosures are Growing in Importance, Writes BB&K's Mrunal Shah in PublicCEO In recent years, bond investors have increasingly demanded information on environmental disclosure, including climate change, social and governance (ESG) disclosure. With such increased demand by bond investors, public agencies have also increasingly disclosed climate-related change and risks. However, no consistent framework exists for such disclosure. California’s state leadership set out to learn more about this ever-evolving topic and tasked the California Debt & Investment Advisory Commission ...