Companies will likely face higher compliance costs and new disclosure challenges as a result of a new proposal requiring firms to provide estimates of their greenhouse gas emissions and climate change risks to their businesses, according to finance executives. Many companies provide information on climate risks when disclosing material information, but investors frequently struggle to… Continue reading Companies Brace for Higher Compliance Costs as SEC Proposes Climate Disclosures
Tag: greenhouse gas emissions disclosure
SEC Unveils Landmark Climate Change Risk Disclosure Rule
The Securities and Exchange Commission (SEC) unveiled a landmark proposal on Monday requiring publicly traded companies in the United States to disclose their climate-related risks and greenhouse gas emissions, as part of President Joe Biden’s administration’s push to address financial risks posed by global warming. The long-awaited Securities and Exchange Commission draft rule should help… Continue reading SEC Unveils Landmark Climate Change Risk Disclosure Rule