Jay Clayton co-authored an op-ed article for CNBC, “BlackRock CEO Larry Fink is Right About Climate Change Disclosure.” Clayton argues that, rather than focusing on specific metrics, disclosure policy should focus on transition strategy, which will be more illuminating for investors. For example, public corporations should disclose their plans for achieving carbon neutrality by 2050, including the challenges they may face. This forward-looking information should benefit from a safe harbor.