ESG regulations are still in limbo, but companies are already preparing for them

(Credit: Courtesy of Persefoni)

This spring, mere weeks after the U.S. Securities and Exchange Commission (SEC) adopted new climate disclosure rules, the regulator paused implementation to defend the regulation in court.

And earlier this month, California Gov. Gavin Newsom proposed delaying two laws that would require larger businesses to report their greenhouse gas emissions and financial risks to climate change. The bills, which together track closely to what the SEC was considering, now won’t be implemented until 2028.