Carbon bill will require public companies to report emissions and activities
For the first time, public companies may be required to start reporting their emissions. The SEC gave initial approval yesterday. The public has 60 days to comment.
If the bill passes, the rule would require companies to be transparent about their carbon activities. It would set up a standard framework for companies to use for reporting emissions. In addition, it could hold companies accountable for their role in climate change and give investors more leverage in forcing companies to change business operations.
Sustainable Pacific supports organizations in collecting, calculating, and collecting carbon data. Contact us for more information.
Learn more about the SEC Mandatory Climate Risk Disclosures here.