Energy Blog

SEC Responds to Investor Demand for Climate Risk, Human Capital Management Disclosures

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Appearing before the Senate Committee on Banking, Housing, and Urban Affairs on September 14, 2021, U.S. Securities and Exchange Commission (“SEC”) Chair Gary Gensler testified to the burgeoning investor demand “for consistent, comparable, and decision-useful disclosures” around climate risk and human capital management, and stated his belief that “the SEC should step in when there’s this level of demand for information relevant to investors’ investment decisions.”

In two recent client Alerts, Kirkland & Ellis ESG & Impact and Capital Markets attorneys discuss SEC activity with respect to climate change and human capital management and board diversity disclosure requirements for public companies. These Alerts include suggestions relevant to energy and infrastructure companies on how to prepare for potential regulatory changes in advance of the SEC issuing proposed rules on these topics. We will continue to closely monitor SEC activity with respect to these topics and intend to publish follow-up Alerts covering any proposed rules or other significant developments.

 

Authors

Alexandra N. Farmer, P.C.

Alexandra N. Farmer, P.C.

Partner Washington, D.C.
Jennie Morawetz

Jennie Morawetz

Partner Washington, D.C.
Sofia Martos

Sofia Martos

Partner Los Angeles – Century City
Robert M. Hayward, P.C.

Robert M. Hayward, P.C.

Partner Chicago
Sophia Hudson, P.C.

Sophia Hudson, P.C.

Partner New York
Edward J. Lee, P.C.

Edward J. Lee, P.C.

Partner New York
Shaun J. Mathew, P.C.

Shaun J. Mathew, P.C.

Partner New York
Emilie A. Jones

Emilie A. Jones

Associate Bay Area – San Francisco

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