SEC Proposes Climate-Related Disclosure Requirements

The SEC has issued a proposed rule, The Enhancement and Standardization of Climate-Related Disclosures for Investors. The proposal would require “registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition, and certain climate-related financial statement metrics in a note to their audited financial statements.”

For more information, see the press release and fact sheet, as well as statements by SEC Chair Gary Gensler and Commissioners Allison H. Lee, Hester M. Peirce, and Caroline A. Crenshaw, on the SEC’s Web site.