U.S. Securities and Exchange Commission seal in Washington. Photo: Diego M. Radzinschi/ALM SEC Schedules Wednesday Vote on Climate Disclosure Rule Amid Staunch Opposition
Twenty law and finance professors sent the SEC a letter expressing their view that "the true agenda for the rule [is] to pressure companies to adopt certain climate policies, rather than to inform the market."
February 29, 2024 at 04:07 PM
5 minute read
The U.S. Securities and Exchange Commission will vote next Wednesday on its long-awaited climate disclosure rule to mandate that public companies disclose direct and indirect greenhouse gas emissions, a coming regulation that has received much criticism and will likely face legal challenges once finalized.
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