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Exclusive: US regulator drops some emissions disclosure requirements from draft climate rules Saved Climate & Energy Securities Enforcement Sustainable Markets ESG Regulation Political Lobbying Exclusive: US regulator drops some emissions disclosure requirements from draft climate rules By Chris Prentice, Isla Binnie, Jarrett Renshaw and Douglas Gillison February 23, 20247:49 PM GMT+3Updated 12 hours ago The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/ The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly//File Photo Purchase Licensing Rights, opens new tab Feb 22 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from corporate climate risk rules it is preparing to adopt, people familiar with the matter said on Thursday. The SEC has dropped a requirement for U.S.-listed companies to disclose so-called Scope 3 emissions, which was included in its original draft of the rules published in March 2022, the sources said. Scaling back these rules would be a blow for President Joe Biden's agenda to address climate change threats through federal agencies. Biden, a Democrat, has been under pressure from many lawmakers in his party to do more and move at a faster pace.https://www.reuters.com/sustainability/us-regulator-drops-some-emissions-disclosure-requirements-draft-climate-rules-2024-02-22/

  • Munene Mugambi

    8 w

    How comes they're easing regulations when they should be putting in place more stringent measures to curb emissions from these large corporations?

    6
    • Ingmar Rentzhog

      8 w

      this is very bad! I am glad that the EU will make it mandatory for every large US company active in Europe anyway. Emission reporting without scope 3 is pointless

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