{"id":2040,"date":"2022-03-22T15:29:20","date_gmt":"2022-03-22T15:29:20","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/03\/22\/sec-asks-companies-to-divulge-pollution-and-climate-risks\/"},"modified":"2022-03-22T15:29:21","modified_gmt":"2022-03-22T15:29:21","slug":"sec-asks-companies-to-divulge-pollution-and-climate-risks","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/03\/22\/sec-asks-companies-to-divulge-pollution-and-climate-risks\/","title":{"rendered":"SEC asks companies to divulge pollution and climate risks"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/3\/21\/22988921\/sec-companies-greenhouse-gas-pollution-climate-change-risks-divulge<\/a>
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The US Securities and Exchange Commission proposed new rules today<\/a> that could require companies to update investors annually on how much planet-heating pollution they\u2019re pumping out and how that pollution could ultimately affect their earnings.<\/p>\n

A slew of companies from Apple<\/a> to Amazon<\/a> have pledged to become carbon neutral in coming decades. Consistent updates on how much pollution they generate help ensure that climate pledges aren\u2019t just greenwashing or making false promises. The proposed rules are also supposed to protect investors as companies cope <\/strong>with disasters linked to climate change, like more extreme weather<\/a>.<\/p>\n

\u201cWe are concerned that the existing disclosures of climate-related risks do not provide investors with the detailed and reliable climate-related information they need to make informed investments and voting decisions,\u201d Renee Jones, director of the SEC\u2019s Division of Corporation Finance, said during an SEC open meeting<\/a> today.<\/p>\n

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