SEC Weighs Weakening Climate Disclosure Rule Opposed by Industry

Environmental and investor advocates are bracing for the SEC to release watered-down requirements to report corporate emissions in the wake of business lobbying against sweeping disclosures.

Securities and Exchange Commission officials have met at least four times with representatives of environmental advocate Sierra Club, sustainable investing group Ceres and other supporters of robust climate reporting since late October, agency records show. The organizations long have pressed the SEC to help investors better analyze environmental risks by requiring greenhouse gas emissions disclosures about big companies’ suppliers, as the agency proposed in 2022 along with other reporting about climate change’s effects on ...