We took the opportunity for public comment, given by the SEC and Chair Gary Gensler, on the proposed rule: S7-10-22, The Enhancement and Standardization of Climate-Related Disclosures for Investors (also known as 'Climate Change Disclosure').
We point out the importance of corporate boards to become more ESG prepared. That includes personal competence building of board directors who are tasked with oversight of ESG and sustainability issues, strategy, and disclosure.
Our comments are directly responding to SEC's questions 34-36 and 38-40 of the proposed rule, focusing on board oversight, organisational setup and leadership.
Please find our 4-page response below.