MOORE NORTH AMERICA RESPONDS TO THE SEC FOR THE ENHANCEMENT AND STANDARDIZATION OF CLIMATE-RELATED DISCLOSURES FOR INVESTORS
HOLLYWOOD, FL - Moore North America, the fourth largest accounting association in the US according to the International Accounting Bulletin (IAB), has responded to the U.S. Securities and Exchange Commission (SEC) on the proposed rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. See Moore’s comment to the SEC here.
If passed, registrants will be required to provide certain climate-related information in their registration statements and annual reports, including certain information about climate-related financial risks and climate-related financial metrics in their financial statements. The disclosure of this information would provide consistent, comparable, and reliable—and therefore decision-useful—information to investors to enable them to make informed judgments about the impact of climate-related risks on current and potential investments.
“Moore North America supports the SEC’s increased interest and initiative in the area of ESG-related financial disclosure and believes the standardization of generally accepted ESG disclosure requirements can play a key role for business,” wrote Ellen O’Sullivan, Executive Director, Moore North America.
Moore North America and Moore Global are leading the way to a more sustainable future through the development of an Environmental, Social and Governance (ESG) Sector Group. The Moore ESG Sector Group, led by Mary Tressel, Armanino LLP, is shaping the way we think and work through awareness and education. The subject of ESG has become an increasingly important topic for all companies, investors, financiers, customers, employees, and non-governmental organizations. Companies need to understand the financial, environmental, and social impact of it on their business.
“Business owners need to make the right decisions to address market trends and take advantage of the new opportunities out there. Tomorrow’s successful leaders will seek to authentically engage with investors, customers, vendors, and the community through an ESG strategy woven inextricably into their organization’s growth strategy,” says Tressel.
Moore North America is committed to helping people thrive – our clients, our people, and the communities they live and work in. We strongly believe that ESG issues are some of the most important facing our world today and look forward to continuing to influence the conversation, as well as the education around this dynamic and ever‑changing area.
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About Moore North America
Moore North America is an association of accounting and consulting firms, and a member of Moore Global Network Limited (Moore Global). On a combined basis, Moore Global member revenue exceeds $3 billion, making it the twelfth largest accounting network in the world. The 35 Moore North America members are separate and independent firms with more than 120 offices based in the United States, Canada, and Mexico. Moore North America does not provide professional services of any kind. Services are provided by Moore North America’s members, who are not legally bound to one another. The firms that comprise Moore North America are able to leverage their complimentary skill sets to provide industry and technical expertise for domestically and globally active clients, enabling Moore North America member firms to compete with larger, national firms.
Contact:
Lauren Williams
Member Resource and Communications Manager, Moore North America
lwilliams@moore-na.com