SEC Rule Requiring Some Companies Disclose Emissions Approved Despite Last Minute Revisions | HNGN [Video]

The SEC approved a rule mandating certain public companies to disclose their greenhouse gas emissions and climate risks. The directive was revised last minute due to resistance from companies.

This regulation was highly anticipated in recent years by the nation’s leading financial regulatory body, receiving over 24,000 comments from various stakeholders during a two-year period. This development aligns the US more closely with the European Union and California, both of which had already implemented corporate climate disclosure regulations, as per AP News.

SEC Approves Climate Disclosure Rule