Partner Kelly Gibson’s remarks at the Securities Enforcement Forum 2022 about how companies can prepare for the US Securities and Exchange Commission’s (SEC’s) proposed climate risk disclosure rule were featured in a CFO Dive article. Kelly—former acting deputy director of the SEC’s Division of Enforcement and head of its Climate and Environmental, Social, and Governance (ESG) Task Force—said one thing companies can do is to take care with language about ESG matters.
“Because the SEC views materiality through this broad lens, it’s important to be careful of the language you’re using in these disclosures,” Kelly said.