The SEC moved closer to a final rule that would dramatically change what public companies tell shareholders about climate change — both the risks it poses to their operations and their own contributions to the problem.
FILE - A chemical fire burns at a facility during the aftermath of Hurricane Laura, Aug. 27, 2020, near Lake Charles, La. The Securities and Exchange Commission moved closer Friday, June 17, 2022, to a final rule that would dramatically change what public companies tell shareholders about climate change. Companies would also have to disclose risks related to the physical impact of storms, drought and higher temperatures brought on by global warming.
& Elkins focused on climate change risk management and environmental litigation. “It’s a lot more detailed than many other financial reporting requirements.” In a March statement, the U.S. Chamber of Commerce called the proposal overly prescriptive, saying that as written, the rule would “limit companies’ ability to provide information that shareholders and stakeholders find meaningful.”
Many public companies already release data on their emissions, as investor interest for such information has risen in recent years. The SEC issued voluntary guidance in 2010 for how companies can report information about climate change. In 2020, more than 90% of S “The SEC rule is a major cleanup action,” Mohin said. He previously worked in the Environmental Protection Agency and Senate on environmental policy.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Former SEC Chair Jay Clayton Talks Rapidly Evolving Crypto Regulation LandscapeFormer SEC Chair Jay Clayton said that he believes 'that regulation, to the extent possible, should be technology agnostic' during a virtual chat Thursday. LizKNapolitano reports
Weiterlesen »
CFTC Commissioner: I Like Being an Underdog Versus the SEC.CFTC Commissioner Kristin N. Johnson said that she likes being an underdog versus the larger SECGov when it comes to crypto regulation. By amitoj
Weiterlesen »
Former Auburn All-SEC linebacker rejoining Gus Malzahn at UCFDeshaun Davis has rejoined several of his college coaches, including Gus Malzahn and Travis Williams, as a graduate assistant at UCF.
Weiterlesen »
SEC Commissioner affirms it’s time to stop denying crypto spot ETFsAfter a difficult few days, the cryptocurrency market seems to be starting to recover and more good news may be... Continue reading
Weiterlesen »
XRP Lawsuit: Ripple Claims SEC Is Attempting to Conceal Its Flaws from Public CriticismXRP lawsuit: Ripple shoots off its response, says SEC is trying to hide its weakness from public scrutiny XRPArmy XRPCommunity RippleXRP
Weiterlesen »
As SEC Charges First Brokerage to Run Afoul of New Investor Protection Rule, Here's How to Find a Good Financial AdvisorIt may seem challenging to find a broker, financial advisor or financial planner you can trust. Here are some steps consumers can take to protect themselves.
Weiterlesen »