SEC Votes to Require Company Climate Disclosures, Scope 3 Emissions Reporting Dropped
Wednesday, 6 March 2024, 20:12
SEC Regulation on Company Climate Disclosures
The Securities and Exchange Commission (SEC) has voted on a new rule that mandates companies to disclose climate-related information. The much-anticipated regulation has made changes by eliminating the 'scope 3' emissions reporting requirement, which was facing legal challenges.
Implications for Companies
- This decision emphasizes the importance of climate-related disclosures for companies.
- It underlines the necessity for greater transparency and accountability in reporting environmental impacts.
- The dropped 'scope 3' emissions reporting requirement.
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.