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    Home /  Insights /  Articles And Books /  Article
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    S&C Lawyers Author Article on Biden Administration Approach to Climate-Related Financial Risk

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    November 22, 2021

    Michelle Chen, Cathy Clarkin and Rodge Cohen have authored an article for Law360 about the Biden administration’s approach to climate-related threats to the economy and financial stability. The White House and the Financial Stability Oversight Council have each issued a report outlining its strategy and recommendations for addressing climate-related financial risk in recent weeks. The authors write that the reports “signal forthcoming climate-related regulatory and other governmental initiatives, which are likely to be substantial.”

    The authors write that as regulators increase their focus on climate-related risks, “[C]ompanies, particularly SEC-reporting companies and financial institutions, should consider evaluating their existing approach to climate risks and opportunities and prepare to adapt to major climate-related regulatory and market developments in the coming years.”

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    C. Michelle Chen Headshot Photo
    C. Michelle Chen
    Washington, D.C.
    +1-202-956-7500
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    Catherine M. Clarkin Headshot Photo
    Catherine M. Clarkin
    New York
    +1-212-558-4175
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    H. Rodgin Cohen Headshot Photo
    H. Rodgin Cohen
    New York
    +1-212-558-4000
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    • Environmental, Social and Governance (ESG)
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