The U.S. Securities and Exchange Commission (SEC) has scaled back some of its ambitious greenhouse gas emissions disclosure requirements in its draft climate rules, notably dropping the requirement for U.S.-listed companies to disclose Scope 3 emissions. This adjustment marks a significant departure from earlier proposals aimed at enhancing transparency around the environmental impact of corporations. The move is seen as a concession to corporate lobbyists and a deviation from stricter European Union standards, potentially complicating global compliance efforts.
