SEC chief urges collaboration on reporting standards

Companies, governments and market participants must work together to create global standards on climate-related data reporting, the Securities and Exchange Commission’s chief has urged. In a webinar hosted by the Principles for Responsible Investment and the London Stock Exchange Group, SEC Commissioner Allison Herren Lee said “we must seek ways to collaborate across jurisdictional boundaries to promote consistency in climate-related disclosure”. This was vital to ensure investors made the right decisions to help solve the climate crisis.