SEC's Climate Disclosure Rule Ignites Debate, Litigation Over Agency's Authority

SEC's Climate Disclosure Rule Ignites Debate, Litigation Over Agency's Authority

March 7, 2024, National Law Journal

Matt Franker’s commentary was included in a National Law Journal article covering the adoption of the Securities and Exchange Commission’s climate disclosure rule, which requires certain large registrants to disclose information on a company’s direct or indirect greenhouse gas emissions.

Matt said most companies have been working on ensuring they have a disclosure process in place or at least developing one in the two years since the SEC’s rule was proposed. “There will certainly be litigation challenging the rule but I would think that even in the short term that you would start to see public companies be more active on this instead of taking a wait and see approach,” he said.