
Some of the most powerful companies in America, and thus the world, may finally be forced to disclose how much their businesses are impacting the climate crisis, according to a proposed rule from the Securities and Exchange Commission.
The proposal, which the SEC approved for consideration on Monday, would create a uniform framework that requires all publicly traded companies to measure their greenhouse gas emissions, evaluate the material risks they face from the climate crisis, and share that information with the public and financial regulators.