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ARTICLE · 19 MARCH 2024

SEC Approves Landmark Climate-Related Disclosure Rules

McCarthy Tétrault
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On March 6, 2024, the U.S. Securities and Exchange Commission (the "SEC") adopted its long-awaited final climate-related disclosure rules S7-10-22 – The Enhancement...

GlobalCorporate/Commercial Law
Canadian Securities Regulatory Monitor
Canadian Securities Regulatory Monitor
Sonia Struthers
Sonia Struthers
Robert J. Richardson, CD
Robert J. Richardson, CD
Wendy Berman
Wendy Berman
Gurvir Sangha
Gurvir Sangha
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On March 6, 2024, the U.S. Securities and Exchange Commission (the "SEC") adopted its long-awaited final climate-related disclosure rules S7-10-22 – The Enhancement and Standardization of Climate-Related Disclosures for Investors (the "U.S. Rules"). The U.S. Rules will require certain U.S. and foreign companies to disclose extensive climate-related information, including:

  • governance and oversight of material climate-related risks;
  • material climate-related risks on a company's strategy, outlook, operational results, or financial condition;
  • in the case of larger issuers and subject to phased-in assurance requirements, Scope 1 and Scope 2 greenhouse gas ("GHG") emissions;1

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