World Benchmarking Alliance’s Post

Last week, the US SEC has officially released its highly anticipated climate disclosure rule, marking a significant change for public companies operating in the country. Read below the Deloitte's Heads Up article that includes key technical information on final rule requirements, including a summary of changes from the proposed rule. Hope you find it interesting!

Our latest publication goes in depth on the SEC's new climate disclosure rules. We share the requirements, detailed analysis , and FAQs to help you start preparing for compliance with the the new disclosure rules. 

Everything you need to know about the US SEC's landmark climate rule, including key changes from the proposed rule; affected companies and transition provisions; location, timing, materiality and safe harbour; and a comparison with other disclosure regulations. https://lnkd.in/gGBf9BAP

The SEC climate disclosure rules are now finalized - it's been a long road and many comment letters (24,000!). There is a lot to unpack, but we've issued a brief summary of the major requirements and how they differ from the SEC's original proposal. Spoiler: Scope 3 emission disclosures are not mandatory under SEC rules.

Did your team spend valuable time getting across this week’s reforms and regulatory updates? Is your business staying on top of energy and climate change developments? Are you getting the information you need, when you need it?   Let RegAlert do the work for you.   This week’s RegAlert covered 15 updates and identified 22 approaching submission deadlines.   Three key updates not to be missed:   • The AEMC has issued a Final Rule aimed at addressing system security challenges effectively during the energy transition • Australian Government introduces new legislation that focuses on climate reporting • The Climate Council released a report recommending an emissions reduction target of 75% below 2005 levels by 2030   How are you navigating regulatory changes? The Rennie team can support you in assessing the impacts and opportunities arising from new arrangements and changing market conditions. Please contact us at RegAlert@rennieadvisory.com.au to find out more. https://lnkd.in/g8xUfxMd

Having advised on the preparation of FY23 Climate Statements in the energy sector, I thoroughly recommend a quick read of the below insights from some of our Simpson Grierson experts (and the related article series - links embedded) ... #climatereporting #XRB #energytransition #climaterisk

The SEC issued its final climate disclosure rule yesterday, a landmark ruling that represents a major shift to an era of standardized and mandated climate-related disclosures. Check out our Executive Summary on the ruling to hear the latest. #deloitteESGnow

Corporates, investors and governments alike are increasingly accepting the necessity of accounting for scope 3 emissions when estimating their climate impacts. The Institutional Investors Group on Climate Change (IIGCC) has recently released a landmark paper examining how scope 3 emissions impact the climate ambitions of institutional investors through their portfolios. Read the full release, and access the paper here: https://lnkd.in/eJbDaFJU #scope3emissions #emissionsreduction #climateaction #climatechange #climatefinance #climatepolicy #carboncredits #carbonmarkets #carbonabatement #netzero #netnegative

Check out Deloitte’s Heads Up for the executive summary of the much awaited SEC Climate Disclosure Rule!