PWYP-US welcomes SEC rulemaking as a landmark opportunity for greater transparency on climate-related financial risks

Today, after a vote of 3 to 1, the U.S. Securities and Exchange Commission (SEC) released its proposed rule for climate-risk disclosure. This rulemaking is a critical opportunity to ensure publicly-listed companies disclose information about climate-related financial risks and their strategy to manage these risks responsibly.  Below is a statement from Carly Oboth, Director of Publish What You Pay –…

EITI makes progress on holding companies accountable, but will it work?

This post originally appeared on Oxfam America’s Politics of Poverty blog. By Aubrey Menard, Oxfam America’s Senior Policy Advisor for Extractive Industries Transparency, and Daniel Mulé, Policy Lead, Extractive Industries Tax and Transparency For over a year, the global Extractive Industries Transparency Initiative (EITI)—a multi-stakeholder organization promoting good governance in oil, gas, and mining—has struggled to hold its supporting companies…