1. During Biden Administration, SEC will require Climate Change Risk and ESG Disclosure

    During Biden Administration, SEC will require Climate Change Risk and ESG Disclosure

    ... on numerous other significant issues crucial to good governance and long-term value—focus management attention and drive valuable and needed ...

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    1. Shareholders are beginning to accomplish on climate change what they have accomplished on numerous other significant issues crucial to good governance and long-term value—focus management attention and drive valuable and needed change. The Commission should be encouraging this type of engagement, not stifling it.
    2. In the end, these amendments will restrict shareholders' ability to oversee and engage with management of the companies they own. They do not properly value shareholder proposals or shareholder rights. And they will restrain shareholder efforts on issue that are of pressing importance to them and the broader economy.
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