Ceres welcomes landmark SEC rule on corporate climate disclosure
BOSTON, March 6, 2024 /PRNewswire/ -- Ceres welcomes the U.S. Securities and Exchange Commission's (SEC) adoption of the first-ever federal rule mandating the disclosure of climate-related risks from all U.S. public companies.
- BOSTON, March 6, 2024 /PRNewswire/ -- Ceres welcomes the U.S. Securities and Exchange Commission's (SEC) adoption of the first-ever federal rule mandating the disclosure of climate-related risks from all U.S. public companies.
- Ceres and investors have long advocated for mandatory corporate climate disclosure, resulting in the SEC issuing interpretive guidance in 2010 and adopting today's mandatory rule.
- The adoption of this rule follows California's two c orporate climate disclosure laws, which apply to both public and private companies that exceed certain revenue thresholds.
- "The laws serve as an important complement to the SEC's climate disclosure rule.