SEC Will Vote on Climate Disclosure Rule Adoption
Tuesday, 5 March 2024, 11:00
SEC Vote on Climate Disclosure Rule Adoption
The Securities and Exchange Commission (SEC) will vote this week on whether to adopt a contentious rule that would require publicly traded companies to disclose climate change-related information to investors — though the rule could be significantly scaled back compared with what the agency proposed in 2022.
Arguments for and Against the Rule
- Supporters: Claim the rule provides essential information for investors to understand companies' impact on climate change.
- Opponents: Argue the rule oversteps the SEC's role and could lead to unintended consequences.
While the final details are still pending, the decision is poised to shape disclosures and investor decisions regarding climate risks in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.