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SEC Accused of Baseless Attack on Investors' Climate Concerns

Original: SEC’s Latest Attack on Investors’ Climate Concerns Is Baseless

The watchdog group Better Markets says the Securities and Exchange Commission's latest move against investors who factor climate change into their decisions is baseless. The organisation argues the SEC is undermining investors' ability to consider climate-related financial risks, framing the action as an attack on shareholders' interests. The criticism adds to ongoing controversy over US financial regulators' retreat from climate-related disclosure and investor-protection rules.

Why now: The SEC has taken a new action perceived as hostile to climate-focused investing, prompting immediate criticism from advocacy groups.

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