On March 6, 2024, the United States’ Security and Exchange Commission (SEC) voted to adopt climate disclosure rules for more standardized ESG reporting. The rules require public companies in the United States to disclose climate-related risks, board oversight and management of those risks, climate-related goals that could have a material impact on the business, and, in some cases, scope 1 and 2 greenhouse gas emissions.
The information that companies are required to disclose — and the timeline for when they must report — differs based on a few factors. To help you understand the SEC’s climate disclosure rules, and see how they might impact your organization, we have written this comprehensive guide.
Inside, you’ll find answers to the following questions:
- Who is subject to the SEC’s climate disclosure rules?
- When do the climate disclosure rules become effective, and when do companies have to comply?
- What do the SEC climate disclosure rules require?
- Where and how are disclosures reported
- How will this impact your corporate climate strategy, and what should you do next?
