On April 11, 2022, the U.S. Securities and Exchange Commission (SEC) published proposed rules that would require public companies to provide detailed disclosure about climate-related risks and climate-related financial metrics in their registration statements and annual reports, including greenhouse gas (GHG) emissions. On June 17, 2022, the Office of Advocacy filed a comment letter encouraging SEC to publish a Supplemental Initial Regulatory Flexibility Analysis and to reconsider the breadth of its Scope 3 GHG disclosure rules.
For more, read the comment letter and fact sheet, which highlights Advocacy’s comments and recommendations.