SEC Finalizes Weakened Climate Disclosure Rule
TL;DR Summary
The Securities and Exchange Commission approved new, weaker rules on disclosing climate risks and greenhouse gas emissions for public companies, with fewer demands on businesses than the original proposal, which faced opposition from the G.O.P., fossil fuel producers, and others. The new rules give companies greater leeway in reporting emissions, exempt thousands of smaller businesses, and no longer require disclosure of emissions along a company's "value chain," but still mandate disclosure of significant climate-related risks.
- S.E.C. Approves New Climate Rules Far Weaker Than Originally Proposed The New York Times
- SEC Approves Weakened Climate Disclosure Rule - WSJ The Wall Street Journal
- Landmark rule requires some companies to share how much they pollute. But it was scaled back CNN
- What the SEC vote on climate disclosures means for investors CNBC
- SEC finalizes weakened rule to make companies disclose climate information The Hill
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