SEC on Cusp of Radically Expanding Emission-Disclosure Requirements
The Securities and Exchange Commission in March gave initial approval to the Enhancement and Standardization of Climate-Related Disclosures for Investors. These disclosures include three different categories: Scope 1 – Emissions that come directly from company-owned sources. Scope 2 – Indirect emissions from energy purchased, and consumed by a company. Scope 3 – All other indirect …