X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Stock image: Umbrella in rain storm

Public companies and their stakeholders often struggle with effective environmental, social, and governance (ESG) programs in the absence of clear and common standards and regulations.  But the landscape is rapidly changing in a way that may impose new risks and costs on companies.

In a dramatic expansion of previous obligations, the U.S. Securities and Exchange Commission (SEC) released a nearly 500-page proposal on March 21, 2022, requiring that publicly traded companies disclose their greenhouse gas emissions and business risks imposed by the changing climate.

The draft rule requires public disclosure of the companies’ Scope 1 and 2 emissions—emissions from owned or controlled sources and from the generation of purchased electricity, steam, heating, and cooling. In contrast, Scope 3 emissions—indirect emissions from their supply chain—need to be disclosed if deemed “material,” or if there is a substantial likelihood that a reasonable investor would consider them important when making an investment or voting decision.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2022 ALM Global, LLC. All Rights Reserved.