InvestorNewsBreaks – SEC Adopts Landmark Climate Rule Detailing New Reporting Mandates for Public Companies
The Securities and Exchange Commission (SEC) has adopted a landmark climate rule requiring public companies to disclose their climate risks, adaptation strategies, board oversight of climate strategy, and the impact of climate targets on their business. This rule also mandates large non-exempt companies to report their Scope 1 and Scope 2 emissions, which are related to direct and indirect emissions from purchased energy. The rule…