On Wednesday, March 6, 2024, the Securities and Exchange Commission (SEC) adopted an amendment to the Securities Act of 1933 and the Securities and Exchange Act of 1934, titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors.”
After a two-year process involving intense lobbying from global industry leaders and influential climate groups, the 3-2 vote in favor of adopting the rule prevailed.
The final rule seeks to meet investors’ demand for “consistent, comparable, and reliable information
Continue Reading The Impact of the SEC’s New Rule on Climate-related Risks