A survey by ERM and the SustainAbility Institute by ERM (together ‘ERM’) reveals what U.S. private sector organizations currently spend measuring and managing climate change data and disclosure.
Ceres and Persefoni commissioned the survey to help inform mandatory and voluntary climate disclosure guidelines and methods being developed by regulators, standard setters, and individual firms. Specifically, the survey findings are intended to inform discussions related to the US Securities and Exchange Commission’s (SEC) recent proposed Rules on Enhancement and Standardization of Climate-Related Disclosures for Investors.
Read the fact sheet to learn:
- How SEC estimates of what issuer costs would be following the first year of the proposed rule’s implementation compare to the ERM survey’s findings on current corporate issuer spend on climate-related disclosure activities.
- What institutional investors currently spend annually to collect, analyze, and report climate data to inform their investment decisions.
- The biggest current areas of spending by issuers and investors on climate-related disclosure activities.
Further analysis of the survey response data and contextualization of results will be released in an upcoming whitepaper to be produced by ERM and the SustainAbility Institute by ERM in consultation with Ceres and Persefoni. This paper will be publicly available in early May.