Green Groups Want Offsets Included as Part of SEC’s Climate Rule

Environmental groups have called on the U.S. Securities and Exchange Commission to make offset purchases part of a wider climate rule that would force companies to disclose greenhouse-gas emissions.

Many had expected the SEC to unveil its climate rule by the end of last year. That timeline has now slipped to March, or even later. In a letter published Thursday, Sierra Club, Public Citizen and Americans for Financial Reform Education Fund said disclosures about the offsets markets are a critical part of this because they have “significant environmental, accounting and social integrity problems” that jeopardize the climate pledges that companies have been making. ...