The SEC wants all public companies to report their carbon emissions
The proposed rule would compel all public companies to report on their direct greenhouse gas emissions, as well as the emissions from their energy use.
The vast majority of public companies in the U.S. don’t voluntarily disclose their greenhouse gas emissions, obscuring who’s responsible for large emissions and the risks they face from climate change. But that would change under a landmark new rule proposed today by the Securities and Exchange Commission, which would make it mandatory for all publicly traded businesses to publish standardized reports of their emissions and climate risk for the first time.