SEC Proposes Rule Requiring Public Firms to Report Climate Risks

Businessman with nuclear sign on hand

Securities and Exchange Commission proposal to mandate public firm reporting of climate change GHG emissions risk now has 60 day comment period.

April 11, 2022
Debra K. Rubin - Engineering News-Record

The U.S. Securities and Exchange Commission issued a proposal March 21—both anticipated and feared—that would require publicly-traded companies to standardize disclosure for the first time of climate-related business risks such as those related to severe weather and decarbonization. Exchange-listed firms would also have to report greenhouse gas emissions, their own and in the supply chain, creating a major reporting mandate. The rules also apply to firms listed on overseas exchanges that operate in the U.S.

Reprinted courtesy of Debra K. Rubin, Engineering News-Record

Ms. Rubin may be contacted at rubind@enr.com

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