Carbon Tracker’s response to the Proposed Rescission of Climate-Related Disclosure Rules, File Number S7-2026-19

Key considerations supporting our request to withdraw the proposed rescission of the 2024 Climate-Related Disclosure Rules (Final Rules):

• The Final Rules provide investors with consistent, reliable and comparable information on material climate-related financial risks.
• The Final Rules help investors understand how climate-related risks impact financial reporting as the underlying the assumptions, estimates and judgments can be materially impacted.
• The Final Rules improve transparency and consistency between corporate climate commitments and financial statements, enabling investors to assess whether companies’ reported financial positions reflect their stated transition strategies.
• The Final Rules support efficient capital allocation and market integrity by requiring disclosures that help investors accurately price climate-related financial risks and compare companies on a like-for-like basis.