Current SEC disclosure rules do not explicitly reference climate-related risks, resulting in significant diversity in the location, content and transparency of climate-related disclosures within and across industries. The U.S. Securities and Exchange Commission (SEC) received nearly 4,000 unique comment letters in response to its proposal to require climate-related disclosures from most public companies.

The comments fell into five main themes:

  • Rulemaking
  • Materiality
  • Greenhouse Gas (GHG) Emissions
  • Climate-related Expenditures
  • Assurance Requirements

Find out more about the effects of climate change disclosure proposals on your financial reporting activities — request a complimentary copy today.

Discover even more about this important development on CCH Accounting Research Manager. 

 

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