An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to mandate corporate disclosures of so-called Scope 3 emissions. The Net-Zero Asset Owner Alliance said in a report published on Wednesday …
The Biden administration unveiled a framework for using carbon offsets to drive climate progress, with principles it says are meant to help ensure the trading regimes deliver real emissions reductions — not a green mirage. The documents released Tuesday by …
The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and numerous litigation threats, …
The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from corporate climate risk rules it is preparing to adopt, people familiar with the matter said on Thursday. The SEC has …
With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and reputational repercussions for corporates. Thomas Englerth, associate director at S&P Global Ratings, explores how the potential risks associated with this …
