U.S. Securities and Exchange Commission Releases Proposed Rule on Climate Risk Disclosure
As previously reported, on March 21, 2022, the U.S. Securities and Exchange Commission ("SEC") proposed amendments to Regulations S-K and S-X that would require registrants to provide certain climate-related information in their registration statements and periodic reports, including disclosures regarding direct (Scope 1), indirect (Scope 2), and for certain registrants, up-and-downstream (Scope 3) emissions. The SEC recently extended the public comment period on the proposed rulemaking until June 17, 2022.
Insights by Jones Day should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. To request permission to reprint or reuse any of our Insights, please use our “Contact Us” form, which can be found on our website at www.jonesday.com. This Insight is not intended to create, and neither publication nor receipt of it constitutes, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.
