SEC Approves Landmark Rule Requiring Some Companies to Report Emissions, Climate Risks ...Middle East

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WASHINGTON — The U.S. Securities and Exchange Commission on Wednesday approved a rule that will require some public companies to report their greenhouse gas emissions and climate risks, after last-minute revisions that weakened the rule in the face of strong pushback from companies. The rule was one of the most anticipated in recent years from the nation’s top financial regulator, drawing more than 24,000 comments from companies, auditors, legislators and trade groups. It brings the U.S. closer to the European Union and California, which moved ahead earlier with corporate climate disclosure rules. [time-brightcove not-tgx=”true”] The rule passed 3-2, with three Democratic comm

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