SEC Weighs Weakened Climate Disclosure Rules as Release Nears - Bloomberg Law
SEC Weighs Weakened Climate Disclosure Rules as Release Nears
Environmental and investor advocates are bracing for the SEC to release watered-down requirements to report corporate emissions in the wake of business lobbying against sweeping disclosures.
Securities and Exchange Commission officials have met at least four times with representatives of environmental advocate Sierra Club, sustainable investing group Ceres and other supporters of robust climate reporting since late October, agency records show. The organizations long have pressed the SEC to help investors better analyze environmental risks by requiring greenhouse gas emissions disclosures about big companies’ suppliers, as the agency proposed in 2022 along with other reporting about climate change’s effects on ...
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Related Knowledge Center: Climate diplomacy
Talks are well underway in preparation for the next major international meeting on climate change, 28th Conference of the Parties (COP28), scheduled to begin Nov. 30 in the United Arab Emirates.
Much like last year’s COP27, finances — specifically, aid to developing nations — will be at the center of conference deliberations.
The conference faces an even greater sense of urgency brought on by the Sept. 8, 2023, release of the first global stocktake, which calls for accelerated action to meet the goals set in the 2015 Paris Climate Agreement (COP21).
Climate diplomacy: COP 27 | Climate diplomacy: COP 28 | Climate diplomacy: COP 29