Bloomberg Law
Oct. 5, 2021, 8:26 PM

SEC Eyes Phased Approach to Climate Reporting, Gensler Says

Andrew Ramonas
Andrew Ramonas
Corporate Disclosure Reporter

The SEC is considering phasing in its anticipated requirements for companies to report their greenhouse gas emissions and climate change risk management plans, agency Chair Gary Gensler said.

The Securities and Exchange Commission is looking at tiered compliance for small and large companies and the different types of climate disclosures that may be required, Gensler told the House Financial Services Committee Tuesday.

“Some reporting will be easier to do sooner,” he told House lawmakers.

The SEC is expected to propose rules as early as this fall that could have companies report their climate risk in their annual 10-Ks or other ...

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