For several months, we have been covering the rise in climate risk disclosures. Originally proposed in 2017 by the Financial Stability Board (FSB), climate risk disclosures are a way for companies to voluntarily disclose the risks and opportunities from climate change.
In May 2021, the Biden administration brought climate risk disclosures into the forefront with an Executive Order that requires companies to share these disclosures through the Securities and Exchange Commission (SEC).
Now, the SEC has pushed things even further along under a new proposal to bring this effort to life. According to SEC Chairman Chair Gary Gensler, investors want these disclosures because they recognize that climate risks can pose significant financial risks to companies.
The timing of this news aligns perfectly with this year’s Earth Day theme, which is “Invest in Our Planet.” This theme reinforces how the private sector needs to take the lead and invest in sustainable practices – with the .Earth domain being the foundation for communicating these disclosures.
Those companies that take a proactive step in developing these types of communications campaigns will not only be one-step-ahead when it comes to climate risk reporting, but they will also showcase how their brands are truly working to save our planet.
In the coming weeks, we will be announcing our annual .Earth domain Earth Day promotion, which will have a key focus on helping businesses to better “invest in our planet.” This promotion will allow publicly traded companies to create micro-sites where they can share all disclosure information, as well as blog posts, white papers, company climate mitigation manifestos, and much more.
Stay tuned for more information about our Earth Day 2022 promotion. In the meantime, if you want to get a head start on developing your climate risk disclosures communications campaign, please click here to secure your own .Earth domain.