ESG


The Role of Investor Relations in a New Era of Climate Reporting


New and pending regulations for climate disclosure from the SEC and the State of California require new strategic approaches from investor relations professionals.


BY KRISTINA WYATT, MIKE WALLACE AND ELIANA CAMEIRA


I 2 0 FA L L 2 0 2 3 ■ IR UPDAT E


nvestor relations (IR) professionals find themselves at the fore- front of a rapidly changing landscape defined by forthcoming climate disclosure regulations. These regulations go beyond compliance; they reflect a transformation in investor expectations. In response, IR teams must adopt proactive, strategic approaches to meet these new demands. Tese regulations include the Security and Exchange Com- mission (SEC) climate disclosure rule (pending as this issue of IR Update went to press) and the recently enacted California SB 253 (Climate Corporate Data Accountability Act, CCDAA) and SB 261 (Climate-Related Financial Risk Act, CRFRA). NIRI has been actively advocating for the interests of IR profes-


sionals regarding these regulations; the NIRI position is outlined in the sidebar, “NIRI Position on Climate Change Disclosures.”


niri.org/ irupdate


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36