SEC Proposed Mandatory Climate Disclosure Rules – Part 6

On March 21, 2022, the SEC proposed rules that would require publicly reporting companies to include certain climate-related disclosures in their registration statements and periodic reports.  Among other information, the new disclosures would require information about greenhouse gas emissions (GHG), climate-related risks that are reasonably likely to have a material impact on a company’s business, results of operations, or financial condition, and certain climate-related financial statement metrics in a note to its audited financial statements.

The proposed rules are heady and complex (490-page rules release) presenting an enormous scope, complexity and ramifications.  As such, like the SPAC rules, I am breaking down the proposal in detail in a series of blogs.

In the first blog in this series, I provided some background and an introduction to the rules (see HERE).   The second provided a high-level summary of the proposed rules including the phase in compliance schedule (see HERE).  The third blog in the series discussed the