This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

SEC Issues a Stay on the Newly Adopted Climate-Related Disclosure Rules

On April 4, 2024, the SEC issued an order staying the newly adopted climate-related disclosure rules (see the fact sheet here) pending the resolution of the cases that have been consolidated in the U.S. Court of Appeals for the Eighth Circuit which challenge the validity of the requirements. Therefore, companies will not be required to comply with the climate-related disclosure requirements unless the proceedings are resolved in the SEC's favor.

If allowed to come into effect, the rules would require companies to make disclosures relating to the following (among other things):

  • Material climate-related risks and activities to mitigate such risks;
  • Oversight of climate-related risks and management’s role in managing material climate-related risks;
  • Any climate-related targets or goals material to the registrant;
  • Disclosure of material Scope 1 and Scope 2 greenhouse gas emissions by certain larger registrants; and
  • Disclosure of the financial statement effects of severe weather events.
In the Matter of the Enhancement and Standardization of Climate-Related Disclosures for Investors (Order Issuing Stay) View Received Comments


corporate, corporate governance, capital markets