In March 2022, the US Securities and Exchange Commission (SEC) proposed rule changes that will require the disclosure of climate-related risks and opportunities. These amendments will apply to public companies in the USA and any foreign issuers listed in the USA.
Notably, the proposal includes a requirement for mandatory climate disclosures, drawing on the Greenhouse Gas (GHG) Protocol, and including Scopes 1, 2, and, for all but the smallest companies, material Scope 3 emissions. This will mean that GHG emissions will need to be reported and independently verified by a third-party specialist, such as LRQA.
Download our report to hear from Heather Moore, Technical Director of Sustainability at LRQA, as she gives a brief overview of the proposals, explains what’s new and describes the implications for global businesses.