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March 08, 2024
Cadwalader partner Michael Ruder spoke with Commercial Mortgage Alert about the SEC’s new climate-change disclosure rule, approved on March 6 poses, and how it may be perceived by commercial real estate owners and lenders.
Acknowledging that many companies voluntarily report climate risks, Michael nonetheless noted that “some investors and even some reporting companies may applaud that the new rule will harmonize reporting on climate data. But the rule will elicit a wide array of reactions from those who think it is regulatory overreach or that it did not go far enough.”
Read it here. (subscription needed)
