On March 6, 2024, the Securities and Exchange Commission adopted The Enhancement and Standardization of Climate-Related Disclosures for Investors. The final rule requires a registrant to disclose certain climate-related information in its registration statements and annual report. The rule aims to provide investors with consistent, comparable, and reliable information about the financial effects of climate-related risks on a registrant’s business, and how the registrant manages those risks. This publication provides a high-level summary of the rule, including insight into:
- Changes from the proposed rule
- Content of the disclosures
- Presentation and attestation of the disclosures
- Phase-in periods and accommodations and
- Compliance dates under the final rule