SEC’s Gensler Weighs Concern About Indirect Emissions Reporting

SEC Chair Gary Gensler said he’s examining concerns that companies have raised about reporting their indirect greenhouse gas emissions as the agency finalizes a plan to require climate disclosures.

The Securities and Exchange Commission has heard suggestions that it should scale back its proposed reporting requirements for Scope 3 emissions, amid feedback that they are difficult to measure and disclose, Gensler said Monday. The SEC’s March proposal would require large companies to disclose the Scope 3 emissions—which come from their supply chains, employee commuting and other indirect sources—along with Scope 1 and 2 emissions, which come from their direct operations ...