After a 3-2 vote on March 6, 2024, the Securities and Exchange Commission (sec) adopted final rules for public companies requiring disclosure of climate risk and greenhouse gas emissions. Although scaled back substantially from the SEC's March 21, 2022, proposed rules, the final rules will require almost all SEC-reporting companies to provide significant new disclosures in SEC filings and adopt new internal controls and procedures.
Source: SEC Issues Final Climate Disclosure Rules: Rule's Future Subject to Challenge