SEC’s Gensler Seeks Climate Rule ‘Solutions’ to Dispel Concerns

The SEC’s climate disclosure plan still needs to appropriately respond to unease about its corporate greenhouse gas emissions reporting requirements before finalization, agency Chair Gary Gensler said.

Gensler told senators Tuesday he asked Securities and Exchange Commission staff to develop “solutions” to concerns small business owners and others have raised about proposed requirements for large public companies to disclose emissions from their supply chains and other indirect sources. He made the remarks in response to questions from Sen. Jon Tester (D-Mont.), who’s repeatedly pushed Gensler to better ensure small farmers would avoid reporting burdens under the rule if they sell ...