Home » Environment and Climate » SEC-regulation proposal: How to see it as a business value

SEC-regulation proposal: How to see it as a business value

September 5, 2022 EcoVadis ‏‏‎


The United States Securities and Exchange Commission (SEC) has encouraged companies to disclose their climate-related risks since 2010. However, publishing this data has been voluntary, making it easier for companies to either avoid it or palliate their data and many have especially when stating ambitious net zero goals. With its newly proposed regulation, the SEC takes a big step towards more accountability and transparency in the market.

Why is the SEC taking this step now?
Sustainability experts have claimed that regulations are inevitable and imminent for the last two decades, but they've always been "just beyond the horizon." Now that this horizon is finally here, it’s clear that wherever regulations have not been established yet are soon to come. Most likely, they will be based on the sustainability regulations that Europe and the United States are putting up right now. This is on the backdrop of the majority of countries signing the Paris Climate Accord and an increasing number of countries setting net zero targets between now and 2050.


Read the full article at: www.greenbiz.com

About the Author

EcoVadis ‏‏‎

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis ‏‏‎
Previous Article
EcoVadis Scope 3 Podcast: Decarbonizing Supply Chains: Setting the Scope 3 Frame and the Role of Standards
EcoVadis Scope 3 Podcast: Decarbonizing Supply Chains: Setting the Scope 3 Frame and the Role of Standards

In this episode, we talk with Pankaj Bhatia, Director of GHG Protocol and the Acting Director of WRI’s Clim...

Next Item
Carbon Maturity Report 2022: The State of Climate Action in Global Supply Chains
Carbon Maturity Report 2022: The State of Climate Action in Global Supply Chains

Corporate leaders who have embedded climate goals in their procurement approach are making strong progress ...

Return to Home