US financial watchdog votes to drop legal defence of climate disclosure rules

Eve Maddock-Jones
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

US Securities and Exchange Commission will no longer defend rules it adopted only a year ago that require firms to report on their climate risks and greenhouse gas emissions

The USA's top financial watchdog has voted to drop its legal defence of existing rules requiring companies to report on their emissions, green spending, and threats they face from global warming, in what...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

National Audit Office warns government efforts to track climate risks at 'early stage'

National Audit Office warns government efforts to track climate risks at 'early stage'

Review of climate risk disclosures from 31 public bodies reveals a 'mixed picture' when it comes to tackling escalating climate-related threats

Stuart Stone
clock 02 November 2026 • 6 min read
Carbon Tracker: Oil and gas firms committed $59bn to high risk new projects in 2025

Carbon Tracker: Oil and gas firms committed $59bn to high risk new projects in 2025

Gathering pace of electrification risks destroying value of wave of new oil and gas projects, think tank warns

Michael Holder
clock 26 October 2026 • 3 min read
'Be Ready': Prime Minister urges public to prepare for worsening climate threats

'Be Ready': Prime Minister urges public to prepare for worsening climate threats

Andy Burnham warns UK could face 'a winter of greater flooding', as he calls for a national conversation on the need to enhanced resilience

James Murray
clock 23 October 2026 • 5 min read