The U.S. Securities and Exchange Commission released a climate disclosure rule on Wednesday that will require public companies to report their greenhouse gas emissions and climate risks, but the new rule does not include requirements for companies to report emissions related to their supply chains.The SEC seemingly bent to big business interests after many major companies pressured the commission to omit the supply chain aspect of the rule.
co/HjO4d1XyZu— Ed Markey March 6, 2024 Charles Slidders, a senior attorney at the Center for International Environmental Law, criticized the weakened rule in a statement.'The SEC's decision to bow to industry pressure against comprehensive climate disclosure requirements is a disservice to both the planet and investors,' Slidders said.