[Federal Register Volume 87, Number 92 (Thursday, May 12, 2022)]
[Proposed Rules]
[Page 29059]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-10194]


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 Proposed Rules
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains notices to the public of 
 the proposed issuance of rules and regulations. The purpose of these 
 notices is to give interested persons an opportunity to participate in 
 the rule making prior to the adoption of the final rules.
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  Federal Register / Vol. 87, No. 92 / Thursday, May 12, 2022 / 
Proposed Rules  

[[Page 29059]]



SECURITIES AND EXCHANGE COMMISSION

17 CFR 210, 229, 232, 239, and 249

[Release Nos. 33-11061; 34-94867; File No. S7-10-22]
RIN 3235-AM87


The Enhancement and Standardization of Climate-Related 
Disclosures for Investors

AGENCY: Securities and Exchange Commission.

ACTION: Proposed rule; extension of comment period.

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SUMMARY: The Securities and Exchange Commission (``Commission'') is 
extending the comment period for a release proposing amendments to its 
rules under the Securities Act of 1933 (``Securities Act'') and 
Securities Exchange Act of 1934 (``Exchange Act'') that would require 
registrants to provide certain climate-related information in their 
registration statements and annual reports. The comment period for the 
release was originally scheduled to close on May 20, 2022. The new 
comment period will end on June 17, 2022. This action will allow 
interested persons additional time to analyze the issues and prepare 
their comments, which would benefit the Commission in its consideration 
of final rules.

DATES: The comment period for the proposed rule published April 11, 
2022 (87 FR 21334) is extended. Comments should be received on or 
before June 17, 2022.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's internet comment form (https://www.sec.gov/rules/submitcomments.htm).
     Send an email to [email protected]. Please include 
File Number S7-10-22 on the subject line.

Paper Comments

     Send paper comments to Vanessa A. Countryman, Secretary, 
Securities and Exchange Commission, 100 F Street NE, Washington, DC 
20549-1090.

All submissions should refer to File Number S7-10-22. This file number 
should be included on the subject line if email is used. To help the 
Commission process and review your comments more efficiently, please 
use only one method of submission. The Commission will post all 
comments on the Commission's website (https://www.sec.gov/rules/proposed.shtml). Comments are also available for website viewing and 
printing in the Commission's Public Reference Room, 100 F Street NE, 
Washington, DC 20549 on official business days between the hours of 10 
a.m. and 3 p.m. Operating conditions may limit access to the 
Commission's Public Reference Room. All comments received will be 
posted without change. Persons submitting comments are cautioned that 
we do not redact or edit personal identifying information from comment 
submissions. You should submit only information that you wish to make 
available publicly.
    Studies, memoranda, or other substantive items may be added by the 
Commission or staff to the comment file during this rulemaking. A 
notification of the inclusion in the comment file of any such materials 
will be made available on our website. To ensure direct electronic 
receipt of such notifications, sign up through the ``Stay Connected'' 
option at www.sec.gov to receive notifications by email.

FOR FURTHER INFORMATION CONTACT: Elliot Staffin, Special Counsel, 
Office of Rulemaking, at (202) 551-3430, in the Division of Corporation 
Finance; or Anita H. Chan, Professional Accounting Fellow or Shehzad K. 
Niazi, Deputy Chief Counsel, in the Office of the Chief Accountant, at 
(202) 551-5300, U.S. Securities and Exchange Commission, 100 F Street 
NE, Washington, DC 20549.

SUPPLEMENTARY INFORMATION: The Commission has requested comment on a 
release proposing amendments to its rules under the Securities Act and 
Exchange Act that would require registrants to provide certain climate-
related information in their registration statements and annual 
reports. The proposed rules would require information about a 
registrant's climate-related risks that are reasonably likely to have a 
material impact on its business, results of operations, or financial 
condition. The required information about climate-related risks would 
also include disclosure of a registrant's greenhouse gas emissions, 
which have become a commonly used metric to assess a registrant's 
exposure to such risks. In addition, under the proposed rules, certain 
climate-related financial metrics would be required in a registrant's 
audited financial statements.
    The comment period for the release was originally scheduled to 
close on May 20, 2022. The Commission believes that providing the 
public additional time to consider and comment on the matters addressed 
in the release would benefit the Commission in its consideration of 
final rules. Therefore, the Commission is extending the comment period 
for Release Nos. 33-11042; 34-94478, ``The Enhancement and 
Standardization of Climate-Related Disclosures for Investors,'' until 
June 17, 2022.

    By the Commission.

    Dated: May 9, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-10194 Filed 5-11-22; 8:45 am]
BILLING CODE 8011-01-P