On March 6, 2024, in a 3 to 2 vote of the Commissioners, the US Securities and Exchange Commission (the “SEC”) adopted rules that will require public companies to disclose extensive climate change-related information in their SEC filings. On March 15, 2024, a federal appellate court imposed a temporary stay pending judicial review of the new rules.
Source: SEC Adopts Climate Change Disclosure Rules; Court Imposes Temporary Stay