Ceres submitted a comment letter opposing the U.S. Securities and Exchange Commission’s proposal to rescind its 2024 climate-related disclosure rules. The organization argues that the rules fall within the SEC’s statutory authority and that the benefits of standardized climate disclosures outweigh the potential costs. Ceres said rescission would reduce investors’ access to comparable, decision-useful information and increase uncertainty for companies navigating overlapping disclosure frameworks. It cited its analysis of comments from investors representing more than USD 50 trillion in assets, which found support for the rules, and noted that more than 41 countries accounting for 60% of global gross domestic product have approved or proposed climate disclosure requirements.