The U.S. Securities and Exchange Commission (SEC) is set to vote on a long-awaited climate disclosure rule, according to a notice released by the agency. The rule aims to require companies to disclose their greenhouse gas emissions and climate-related risks.
The SEC's decision to vote on the rule comes after increasing pressure from investors, advocacy groups, and the public for greater transparency on climate-related issues. The proposed rule would mandate that companies provide detailed information on their carbon footprint, emissions targets, and how climate change could impact their business operations.