SEC Proposed Rule Mandates Companies to Disclose Emissions and Climate Risks
Wednesday, 6 March 2024, 05:11
The SEC's Proposed Climate Disclosure Rule
The U.S. Securities and Exchange Commission is moving forward with a crucial rule that would compel companies to disclose their emissions and climate risks in financial filings.
Challenges Faced by the Proposal
- Strong opposition from companies and stakeholders influenced the SEC to water down the disclosures initially suggested.
- Concerns raised about the feasibility and impact of the proposed regulations on businesses.
The SEC's enduring push for more comprehensive climate-related disclosures acknowledges the escalating importance of ESG considerations in investment decisions.
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.