In March 2022, the SEC proposed new climate disclosure rules to strengthen and standardize public companies’ climate disclosures, with the aim of providing consistent, comparable, and useful information for investors to utilize in their decision-making processes.
Public comments on the SEC proposal have been received. If adopted, the proposed changes would require registrants to disclose extensive climate-related information within their annual reports and registration statements, including greenhouse gas (GHG) emissions, as well as the impacts and governance of climate-related risks.