The Securities and Exchange Commission is considering requirements for public companies to report their greenhouse gas emissions in response to investor demands for greater transparency, a top official said.
The SEC is thinking about the extent to which companies should report their direct emissions, known as Scope 1 emissions, said John Coates, acting director of the SEC’s Division of Corporation Finance.
“Investors already want it,” said Coates, who would play a leading role in drafting any new SEC requirements. “They already price Scope 1 into stock prices.”
His remarks at an American Bar Association conference Wednesday came as the SEC ...
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