On March 6, 2024, the SEC adopted climate-reporting standards that will require many American companies to publicly disclose their greenhouse-gas emissions. Companies will not be required to report the so-called Scope 3 emissions of their suppliers as the SEC originally proposed. WLF had filed comments contending that the proposed rule lacked any investor-protection justification, exceeded the Commission’s statutory authority, and raised serious First Amendment concerns. For these reasons, WLF urged the Commission to withdraw the proposed rule.
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