The US Securities and Exchange Commission (SEC) has published their proposals for increased prescription on climate and sustainability related disclosures for US listed entities.
Listed companies will now be required to disclose the impacts of both physical and transition risks on all aspects of their businesses, as well as how the board supervises and manages them. Not only will the new regulations require a significant increase in the level of detailed analysis, climate risk reporting will also become a mandatory part of a company’s Annual Report and other financial statements.
Acasta explores this development and highlights some key areas for consideration. Click on the link below to read our latest insight.