On June 17, CIRI submitted recommendations to the Securities and Exchange Commission's (SEC) proposed rule:
The Enhancement and Standardization of Climate-Related Disclosures of Investors. Recognizing that climate change is an important issue and that the capital markets are well served when issuers provide disclosure to the material risks and opportunities associated with climate change, CIRI is in agreement with the objectives of the SEC to provide investors with consistent, comparable and reliable information that enables them to make informed judgements. That said, Canadian issuers eligible to report under the Multijurisdictional Disclosure System should not be required to report under both Canadian and U.S. reporting requirements.