The Securities and Exchange Commission (SEC) of the United States has released on Monday its long-awaited draft rule. If the rules are approved by the regulators, companies would be required to disclose their direct and indirect greenhouse gas emissions, also known as Scope 1 and Scope 2 emissions, respectively.
The rules also require firms to disclose greenhouse gases generated by suppliers and partners, referred as Scope 3 emissions, if they are included in emission targets the company has set or if they are “material” for investors, meaning that the latter need the information to make decision on buying or selling a stock.
