In an article for the Semafor Energy newsletter, White & Case partner Taylor Pullins discusses the recent move by the SEC to roll back climate disclosure rules.
Taylor explains how the SEC's move to withdraw leaves companies navigating a fragmented "patchwork" of state and international climate disclosure regulations, rather than a single federal standard. He notes the rollback reflects concerns that the rule was overly prescriptive, covered emissions over which companies have little direct control, and duplicative of existing material risk requirements.
At the same time, Taylor emphasizes that the climate disclosures could likely return, as "there are some chapters yet to be written in the story of federal regulation of climate disclosure."
Read the full article here.
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