Americans for Financial Reform delivered 16,658 petition signatures calling on the Securities and Exchange Commission (SEC) to make it mandatory for large companies and banks to disclose their total greenhouse gas emissions, including financed emissions, to investors and the public.
The full petition text reads as follows:
To: The Securities and Exchange Commission
Investors, consumers, and other market participants need high-quality, comparable, and credible figures on companies’ and banks’ carbon pollution, in order to respond to the growing risk of climate change and assess whether companies have long term sustainable business models.
The Securities and Exchange Commission (SEC) should use its regulatory authority to make sure that information is available by requiring mandatory Scope 3 emissions disclosure for all large companies and financial institutions, including disclosure of their financed emissions.