SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk

SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk

WASHINGTON (AP) — In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission has proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face…

US SEC proposes to scrap climate disclosure rules

The US Securities and Exchange Commission (SEC) has proposed rescinding “overly burdensome and costly” climate disclosure rules in full, arguing they go beyond its statutory authority and depart from a materiality-based framework. The Commission says the move is intended to realign its work with its legal mandate and focus disclosure duties on information that is material to investors. SEC chairman Paul S. Atkins said: “SEC disclosure obligation…

Biden's SEC Climate Rule Is On The Chopping Block — Here's Why

The SEC has proposed rescinding a Biden-era rule forcing public companies to disclose climate risks, saying the mandate exceeded the agency's authority.

US SEC moves to roll back climate risk disclosure rules

Regulator formally proposes plan to rescind 2024 rule requiring listed companies to report on climate-related risks

SEC formally proposes to drop climate disclosure rules

US regulator announces official plan for climate reporting rule first published in March 2024 under Biden administration

SEC Proposes Rescission of Climate-Related Disclosure Rules

The Securities and Exchange Commission proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s proposal focuses on returning the agency to its core mandate – in line with its legal authority – and restoring a materiality-focused approach to securities regulation. “SEC disclosure obligations should comp…