"The Securities and Exchange Commission (SEC) will seek public comment on whether to require companies to make more extensive disclosures to investors about climate-related risks, acting Chairwoman Allison Herren Lee said Monday.

In remarks at the liberal think tank the Center for American Progress, Lee noted that investor demand for such information has substantially increased over the last decade. As that demand has increased, she said, it has given rise to more questions about whether current climate disclosures provide sufficient information.

In May, an SEC committee signed off on recommendations for an update to the guidelines as pertaining to “material, decision-useful environmental, social, and governance ... factors.”"

Zack Budryk reports for The Hill March 15, 2021. [2]