The rule, which had been delayed for >1 yr as industry groups have threatened lawsuits, is less robust than #WallStreet#regulator’s original #climate disclosure plan, which would have forced public companies to account for not just their own #emissions, but also those throughout their #SupplyChains. But it still represents 1 of the most far-reaching measures by the #federal#government to push companies toward climate #accountability….
The rule is one of the most highly anticipated in the #SEC’s history, generating some 24k comments from #business, #trade grps, investors & #climate#activists.
“This is going to impact a lot of different companies. People will be able to track them based on what they are required to report, not just the co’s own #spin on data. You will …be able to see which companies are doing a better job at dealing w/ #ClimateChange,” said Doug Chia, Rutgers Ctr for #Corporate#Law & #Governance fellow.
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