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January 11, 2024

Global Climate Disclosure: Don’t Expect SEC Rules to Supersede Other Requirements

Since the SEC’s proposed climate disclosure rules dropped in March 2022, there has been a flurry of foreign and state-level developments in climate change disclosure requirements. I don’t know about you, but I have trouble keeping up and keeping them straight. If you have felt that way as well, this recent Mayer Brown white paper on the global regulatory landscape for climate-related disclosure addresses key features of — and differences between — requirements in a dozen jurisdictions.

For those looking for additional detail on certain jurisdictions, the white paper includes more info in Appendix 1 and a handy table comparing the requirements in Appendix 2. It continues with a discussion of disclosure, governance and risk management considerations for boards and the C-suite. The white paper warns companies not to become complacent by thinking that any final SEC rules will “replace or supersede these other global climate initiatives.”

Meredith Ervine 

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