The Securities and Exchange Commission (Commission or SEC) continues to respond to investor demands for climate and other environmental, social and governance (ESG) information. On March 21, 2022, the Commission issued proposed rules for climate change disclosure requirements for both U.S. public companies and foreign private issuers. This proposal marks a continuation of efforts to provide investors with material information about environmental risks facing public companies.
In 2010, guidance was provided regarding rules administered by the Commission that may require disclosure related …