The U.S. Sec urities and Exchange Commission has paused the implementation of its new climate disclosure rule while it defends the regulation in court. The rule requires some public companies in the U.S.
to report their greenhouse gas emissions and climate risks. The SEC stayed the rule to avoid regulatory uncertainty for companies involved in the litigation. The rule is currently under review in the U.S. Court of Appeals for the Eighth Circuit.
Source: Law Daily Report (lawdailyreport.net)
SEC Climate Disclosure Rule Greenhouse Gas Emissions Climate Risks Litigation Regulatory Uncertainty
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