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ARTICLE · 09 JULY 2026

SEC Proposes To Rescind Climate Disclosure Rules

K&L Gates
K&L Gates
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K&L Gates

K&L Gates

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The SEC's proposed rescission of its 2024 climate disclosure rules marks a pivotal shift in regulatory philosophy, moving away from prescriptive mandates toward principles-based disclosure while acknowledging the growing influence of international frameworks like ISSB Standards. As companies navigate this transition, they face a complex landscape where investor demand for climate information persists despite the regulatory rollback, potentially requiring hybrid disclosure strategies that balance domestic co

United StatesGovernment, Public Sector
Daniel F. C. Crowley
Daniel F. C. Crowley
Karishma Shah Page
Karishma Shah Page
Lauren M. Flynn
Lauren M. Flynn
Marne Marotta
Marne Marotta
Emily K. Lavery
Emily K. Lavery
Lauren E. Hamma
Lauren E. Hamma
Vivian K. Bridges
Vivian K. Bridges
Neeki Memarzadeh
Neeki Memarzadeh

The proposal signals a broader shift toward reducing the specific disclosure requirements under Regulation S-K, while affirming the role of market-driven information flows in meeting investor demand for additional information and acknowledging the role of global frameworks and standards in shaping climate-related disclosures. 

Key Takeaways

  • US Securities and Exchange Commission (SEC or Commission) Shifts Back to Traditional, Less Prescriptive Principles-Based Disclosure: The proposed rescission would eliminate the agency’s 2024 climate disclosure framework, the Enhancement and Standardization of Climate-Related Disclosures for Investors rules, and recenter SEC reporting obligations on traditional, less prescriptive principles, reversing a regime that sought to require detailed climate risk and emissions disclosures.

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