WRITTEN BY ANTHONY WATTS ON JUL 7, 2022. POSTED IN LATEST NEWS
Award-Winning Climate Scientists Critique Proposed ‘SEC Climate Rule’
The U.S. Securities and Exchange Commission (SEC) recently proposed requirements for publicly traded companies to disclose information about purported climate-related risks – such as drought, wildfires, heat waves, etc. that could have an impact on their business, as well as “climate plans” that the company has developed in response to climate risks. [bold, links added]
Companies would also be required to report their greenhouse gas emissions. The rule also requires publicly traded companies to require the companies in their supply chains to report their emissions and climate responses to the publicly traded companies.
SEC’s stated goal for this rule is to provide “consistent, comparable, and reliable – and therefore decision-useful – information to investors.”
The SEC’s fact sheet about the rule is available here.
https://climatechangedispatch.com/award-winning-climate-scientists-critique-proposed-sec-climate-rule/
