Earlier this year, the U.S. Securities and Exchange Commission (SEC) unveiled a proposal to institute broad, sweeping climate disclosure obligations for publicly traded companies. This proposed rule would mandate reporting on complex climate-related information — including greenhouse gas emissions — regardless of whether the information has an impact on the company’s financial performance.
The National Association of Manufacturers (NAM) has filed comments on the SEC’s proposed rule and provided recommendations that would lessen burdens on companies while still providing material information to investors. The official comment period closes June 17. The SEC plans to finalize its rule by the end of the year. 6/9/2022