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...

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