2024-03-07 06:20:40 ET
The proposal had been pitched for years, but the SEC has finally adopted new rules that will require many public companies to disclose climate-related risks in their financial statements and annual reports. Lively debates and legal threats have surrounded the updated framework, and there's still some confusion about the guidelines. On a basic level, the rules would provide "investors with consistent, comparable, decision-useful information, and issuers with clear reporting requirements," according to the agency, but not everyone is happy about the new requirements....
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Deeper dive into the SEC's new climate disclosure rules