Yesterday, SEC Chairman Gensler re-affirmed the focus of the SEC on regulations concerning climate change risk disclosures.  Specifically, he identified this issue as one of his "top priorities." 

This statement echoes the recent focus of the SEC under the Biden Administration on using financial disclosures concerning climate risk as part of its broader efforts to enact its regulatory agenda concerning climate change.  (This pattern of regulation is also seen in the UK and various EU jurisdictions.)

Companies should expect significant regulatory proposals concerning climate change disclosures to emanate from the SEC over the next few months.