The U.S. Chamber of Commerce supports climate policy that includes the disclosure of material information for investors to use. U.S. companies have led the way in providing this information, and more, to investors through voluntary disclosures, which have been effective in detailing significant amounts of information about the actual and potential impacts of climate change on their businesses; both the quantity and quality of climate-related disclosure have increased and continue to do so. Combating climate change requires citizens, governments and businesses to work together. The Securities and Exchange Commission (SEC), working in coordination with other government agencies whose primary responsibility it is to protect the environment, also has a role to play to the extent that climate risk implicates the Commission’s tripartite mission of investor protection, maintaining fair, orderly and efficient markets, and facilitating capital formation.When viewed holistically, however, the Ch
