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Government,
Environmental & Energy

Oct. 28, 2019

SEC is aiding companies in climate fights, activists say

The environmental group has been seeking information about “no action” letters to companies seeking to avoid shareholder votes on climate change resolutions.

The U.S. Securities and Exchange Commission is engaging in a broad effort to delay Freedom of Information Act requests, the Sierra Club claims in a newly filed complaint.

The environmental group has been seeking information about “no action” letters to companies seeking to avoid shareholder votes on climate change resolutions. According to the Sierra Club, the SEC has issued at least 12 such letters in the past 18 months.

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