SEC moves to formally rescind corporate climate disclosure requirements
The SEC, which made up of three Republican commissioners and no Democrats, issued a statement outlining its plans to scrap the rule. The rule in question, which passed when the commission had three Democrats and two Republicans, would have required all publicly traded companies to tell investors about ways in which climate change poses significant risks to their business. It would have also required large companies to disclose information about greenhouse gas emissions directly caused by their business if that information would be likely to influence someone’s decision on whether to invest.
- ▪The SEC, which made up of three Republican commissioners and no Democrats, issued a statement outlining its plans to scrap the rule.
- ▪The rule in question, which passed when the commission had three Democrats and two Republicans, would have required all publicly traded companies to tell investors about ways in which climate change poses significant risks to their business
- ▪It would have also required large companies to disclose information about greenhouse gas emissions directly caused by their business if that information would be likely to influence someone’s decision on whether to invest.
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Energy & Environment SEC moves to formally rescind corporate climate disclosure requirements Comments: by Rachel Frazin - 05/29/26 2:01 PM ET Comments: Link copied by Rachel Frazin - 05/29/26 2:01 PM ET Comments: Link copied NOW PLAYING The Securities and Exchange Commission (SEC) formally proposed Friday to rescind its 2024 rule that would have required publicly traded companies to disclose certain information related to climate change. The SEC, which made up of three Republican commissioners and no Democrats, issued a statement outlining its plans to scrap the rule.
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