On March 21, 20222 the SEC is opening discussions on whether or not companies must disclose their greenhouse gas emissions and the climate risks their businesses face. As you can imagine just about every business faces some sort of climate risk in one form or another so every company should have a disclosure. One thing I noticed was one of my Florida News articles about climate reform and accountability and climate pledges was deleted and has now been restored: https://floridanewstimes.com/florida-entrepreneur-richart-ruddie-on-the-climate-pledge-how-corporations-can-help-solve-the-climate-crisis/437989/
The regulations that the securities and exchange commission are currently composed of two different scopes with a third one being discussed for being added. The first scope is about emissions from company-owned assets, while the second scope covers emissions from energy purchases. Scope three would cover emissions along a company’s value chain, including suppliers and customers.
The decision would mark a historic step toward holding companies responsible for their climate impacts in the US. There may also be industry-specific requirements that will affect how companies respond and things are literally heating up for how these companies will be scrutinized. If only there was a list for this...