The US Securities and Exchange Commission (SEC) proposed new rules in March 2022 aimed at standardizing and
increasing transparency around how public companies disclose climate-related risks that would materially impact their
business, results of operations or financial condition. After nearly two years of consideration and analyzing over 16,000
public comments, the SEC finalized such rules on March 6, 2024, with some prominent changes from the initially
proposed rules.
The article delves into the SEC’s recently finalized climate-related disclosure rules, providing an overview of the
disclosure requirements and materiality considerations. It further delineates the expectations that public companies
should anticipate in order to comply with such rules, including some of the challenges.
Read the entire article.
Copyright 2024 Bloomberg Industry Group, Inc. (800-372-1033) SEC Climate-Related Disclosure Rules. Reproduced with permission.