SEC Releases Status Report on Final Rule on Climate-Related Disclosures

In response to an April 2025 order from the U.S. Court of Appeals for the Eighth Circuit, the SEC has released a status report on its March 2024 final rule on climate-related disclosures. The SEC had voluntarily stayed the rule in April 2024 pending the results of ongoing litigation associated with the rule’s requirements. Further, the Commission voted to end its defense of the final rule in March 2025. In the status report, the SEC reiterated that it “does not intend to review or reconsider the [final rule] at this time” but asked the court to “proceed with the litigation and decide the case.”