US SEC finalized climate risk disclosure rules on March 6, 2024, requiring public companies to track and disclose climate risks.
The US Securities and Exchange Commission (SEC) finalized climate risk disclosure rules on March 6, 2024, requiring public companies to track and disclose their climate risks and progress towards goals. Companies must disclose Scope 1 and Scope 2 emissions if material, but not Scope 3 emissions. The rules, which affect nearly 40% of the world's economy once fully implemented, aim to help investors better understand climate risks and their potential impact on investments.
May 06, 2024
3 Articles