New SEC rules would require companies to disclose climate goals and emissions

Importante proposta della SEC (equivalente US della CONSOB, vigila sulle società quotate)

Source: Yahoo news

Public companies would be required to disclose greenhouse gas emissions they produce under new rules proposed by the U.S. Securities and Exchange Commission. The move is part of the Biden government’s push to identify climate risks and cut emissions as much as 52% by 2030. The SEC’s three Democratic commissioners voted to approve the proposal, while Republican commissioner Hester M. Peirce voted against it.

After the proposed rule is published on the SEC’s website, the public will have 60 days to comment. The final rule will likely head to a vote in several months, and would be phased in over several years. The ruling will likely be challenged in court by Republicans in states like West Virginia, along with business groups, on the grounds that climate change is not a material issue for investors in the near future.

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