SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk
In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission on Friday proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face from global warming.
SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk The Securities and Exchange Commission has proposed repealing a rule mandating certain public companies to disclose their greenhouse gas emissions and climate-related risks. This action is part of a broader effort to undo regulations established during the Biden administration concerning climate change. The proposed repeal signals a shift in the SEC’s approach to climate disclosures.
- The SEC proposed repealing a rule requiring public companies to report greenhouse gas emissions.
- The rule also required reporting on risks faced from global warming.
- This action is seen as an effort to undo Biden-era climate regulations.
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