Proposed SEC Climate Disclosures: What’s happening and What Are the Implications for Companies?
On March 21, the SEC voted on proposed rules requiring climate-related disclosures in public filings. This is a critical step in the SEC’s growing focus on sustainability and climate matters and we expect there to be significant questions as companies of all sizes and across industries prepare to implement the new rules.
On March 28, we were pleased to co-host a discussion of the proposed rule and potential implications with PwC. Our panelists included representatives from both Vinson & Elkins and PwC and discussed a variety of topics, including:
- What is within the proposed rule, including disclosure requirements and timing?
- How can companies take steps to prepare for implementation?
- What considerations should be taken into account in regards to managing investigation and enforcement risks?
- What are the cross-functional considerations companies should be considering in regards to data quality and availability?
- How should company leaders look to protect privilege?
For additional information on the proposed rule and how it may impact companies, please see Vinson & Elkins’ whitepaper.
This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.