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U.S. companies would have to publicly disclose climate risks under proposed new rules | CBC News

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Under a proposal by the U.S. Securities and Exchange Commission, public companies would have to report on their climate risks, including the costs of moving away from fossil fuels.

Voluntary guidance issued in 2010, but this is the 1st time mandatory rules were put forwardA person with an umbrella walks by the New York Stock Exchange during Tropical

Storm Henri, in Manhattan, on Aug. 23, 2021. Under an SEC proposal, public companies would have to report on their climate risks, including the costs of moving away from fossil fuels.

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U.S. securities regulator proposes requiring companies disclose climate-related risks, emissions dataThe U.S. SEC unveiled its long-anticipated draft rule under which companies would disclose their own direct and indirect greenhouse gas emissions, known as Scope 1 and Scope 2 emissions As more companies leave America 🇺🇸 they will look to other nations to setup shop!
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