Document Type
Article
Publication Date
2024
Abstract
In March 2022, the U.S. Securities and Exchange Commission (SEC) issued proposed regulations on disclosure of climate-related information by public companies, including their material Scope 3 greenhouse gas (GHG) emissions. This created a firestorm, drawing more than 24,000 comment letters.On March 6, 2024, the SEC issued its final rule, significantly narrowing the requirements and, notably, eliminating the Scope 3 disclosures. Companies that do not want to make Scope 3 disclosures should not rejoice and environmental advocates and others who do want to see such disclosures should not despair, because new requirements from both California and Europe do mandate this information and apply to most large companies operating in the United States.
Disciplines
Environmental Law | Law
Center/Program
Sabin Center for Climate Change Law
Recommended Citation
Michael B. Gerrard,
California and Europe Require Scope 3 Climate Disclosures Despite SEC Retreat,
N.Y.L.J., May 10, 2024
(2024).
Available at:
https://scholarship.law.columbia.edu/faculty_scholarship/4448
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