SEC Introduces Enhanced Climate-Related Disclosure Rules
The Securities and Exchange Commission (SEC) has adopted new rules to enhance and standardize climate-related disclosures by public companies and in public offerings. These rules aim to meet investor demands for consistent, comparable, and reliable information on the financial effects of climate-related risks on companies’ operations and their risk management strategies. The Importance of Transparency According to SEC Chair Gary Gensler, the initiative is based on the principle that investors should be able to make informed decisions based on companies’ complete and truthful disclosures. The regulations introduce comprehensive requirements for disclosure of significant climate-related risks and their efforts to address