Explaining the SEC's proposed climate disclosure rules
The U.S. Securities and Exchange Commission wants to standardize climate disclosures for publicly traded companies. What does that mean?On March 21, 2022 the SEC released a proposal for a new rule: publicly traded companies will have to provide disclosures about how the changing climate will affect their business, and how their business is affecting climate.This move would formalize a reporting system for climate-related disclosures that investors are increasingly demanding. Climate Now sat d...