The U.S. Securities and Exchange Commission (SEC) is set to vote on a significant overhaul of corporate climate disclosure rules, a move that has been long-awaited by investors and stakeholders.
The proposed changes aim to enhance transparency and provide investors with more accurate and reliable information regarding the climate-related risks and opportunities faced by companies. This overhaul comes in response to growing pressure from investors and advocacy groups for companies to disclose their environmental impact and climate-related risks.