The U.S. Securities and Exchange Commission is considering new rules that would mandate publicly traded property ownership companies disclose risks from environmental impacts.
Recently testifying before the Senate Committee on Banking, Housing, and Urban Affairs, SEC chair Gary Gensler said he has directed his staff to develop proposals on how the new disclosure rules could be implemented. The proposals will be put out to public comment to help find what information matters most to investors.
Gensler noted that investors increasingly want to understand the climate risks of public companies. Few companies today provide metrics on climate risks for investors to consider when deciding whether to purchase and own stock in them.
There is widespread support within the investor community for specific metrics and principles-based climate disclosure requirements.
Related Stories
Codes and Standards | Jul 22, 2020
Mobile app calculates sound transmission for wood-framed assemblies
American Wood Council tool for floor-ceiling assemblies.
Codes and Standards | Jul 22, 2020
Architecture billings remain in negative territory, begin to stabilize
Fewer architecture firms report declining billings this month.
Codes and Standards | Jul 20, 2020
N.Y. construction firm to pay $1.5 million to settle sexual harassment claim
Managers said to demand sex for pay and OT opportunities.
Codes and Standards | Jul 16, 2020
Tips to make optimal use of salvaged materials
Integrated teams, staging warehouse, and looking early and often, among recommendations.
Codes and Standards | Jul 15, 2020
Georgia gives the go-ahead for tall mass timber construction
Standards review scheduled to be completed by July 2021.
Codes and Standards | Jul 15, 2020
Softwood-lumber duties boost expenses amid COVID-19 outbreak
Little hope this year for resolution of trade dispute with Canada.
Codes and Standards | Jul 14, 2020
Metal Construction Assn. releases three EPD updates
Pertain to Metal Composite Materials, Insulated Metal Panels, and Roll Formed Aluminum and Steel Cladding.
Codes and Standards | Jul 13, 2020
5 must reads for the AEC industry today: July 13, 2020
4 technologies for improving building sanitation and tech's ever-evolving impact on the multifamily space.
Codes and Standards | Jul 9, 2020
Funding opportunity for field validation of high-impact building technologies
Dept. of Energy program targets dynamic interactions with electric grid.
Codes and Standards | Jul 8, 2020
Standards for reducing risk of COVID-19 in senior living communities
AIA releases strategies and illustrations for the sector.
