California lawmakers urge SEC to follow their lead in climate disclosure requirements
Publishing timestamp: 2023-10-17 13:45:33
Summary
California lawmakers are urging the U.S. Securities and Exchange Commission (SEC) to follow California's lead in requiring companies to disclose detailed greenhouse gas emissions data. They want the SEC to include Scope 3 emissions in their forthcoming climate disclosure regulations. The lawmakers argue that without consistent and reliable Scope 3 data, investors will be limited in evaluating management's performance. The SEC has received comments opposing the inclusion of Scope 3 emissions, but they have not yet made a decision.
Sentiment: NEUTRAL
Keywords: climate, exxon mobil corp, products and services, business news, pollution, gary gensler, environment, walmart inc, gavin newsom,
Source: https://www.cnbc.com/2023/10/17/california-lawmakers-press-sec-to-include-scope-3-emissions.html