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SEC Mandates Climate Risk Disclosures, Excludes Scope 3 Emissions Amid Legal Challenges

Financial Services | Corporate Carbon Management | Government Policies

The SEC has implemented a new rule requiring U.S. public companies to disclose certain greenhouse gas emissions (Scope 1 and Scope 2), marking a significant step in climate risk transparency. This decision follows modifications to the initial proposal, notably excluding the more comprehensive Scope 3 emissions, to reduce potential legal challenges.

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