1. The Statutory Framework for US Filers
In the United States, the Securities and Exchange Commission (SEC) regulates disclosures through standard registration statements and periodic reports (such as Form 10-K). The SEC’s climate-related disclosure rules require public registrants to provide climate-related information in their prospectus filings and annual reports.
 
2. Key Provisions and Content Requirements
The SEC rules focus heavily on investor protection and financial risk assessment, requiring disclosure of:
  • Climate-related risks that have had, or are reasonably likely to have, a material impact on the registrant’s business strategy, results of operations, or financial condition.
  • The financial statement effects of severe weather events and other natural conditions (such as costs incurred or asset losses), presented directly as a structural footnote amendment within the audited financial statement package.
  • Scope 1 and Scope 2 GHG emissions data for large accelerated filers and accelerated filers, provided the emissions are deemed materially relevant to investors.

 
PreviousNext