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SEC Body Plans to Back Corporate Reporting of Indirect Emissions

Sept. 15, 2022, 9:06 PM

The SEC’s advisory panel on investor issues is poised to support agency plans for large company disclosures on greenhouse gas emissions from supply chains and other indirect sources.

Scope 3 emissions information is “critical” for investors, the Securities and Exchange Commission’s Investor Advisory Committee said Thursday in a draft recommendation. The SEC has received pushback from companies over its proposed Scope 3 reporting, which the agency would require companies to include with Scope 1 and 2 emissions disclosures about their direct operations and power usage.

“We recognize the concerns that some have raised about the implementation costs of these ...