SEC Drops Scope 3 Emissions Disclosures. Here's What That Means for Brands

Wall Street's top regulator voted to approve a limited rule on climate-related disclosures

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The Securities and Exchange Commission (SEC), Wall Street’s regulatory body, today approved rules requiring publicly traded companies to disclose greenhouse gas emissions and climate change-related risk.

In a reversal from the initial proposed rules, which the SEC first published in March 2022, the final rules won’t require companies to disclose scope 3 emissions, which refer to those generated within supply chains or in the use of their products.

The ruling, which comes after two years of deliberation and 24,000 public comments, aims to offer guidance to investors on the climate impacts and risks facing publicly traded companies.



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