SEC Poised To Vote On Sustainability Reporting Standards For US Business
The US Treasury has published the final draft of the climate related disclosure standards (CRDS), which will require publicly traded companies to disclose their greenhouse gas emissions and other environmental concerns in a bid to reduce the risk of political and legal challenges. Why is the CRDS designed to make it compulsory and why is it possible. () The BBC s Larry Madowo explains what it is likely to be the most controversial proposal for the US regulatory authority to approve the new rules, and what is expected to happen in the next few years, when it comes to carbon dioxide (GHG) and how could it be enforced by 2024? The Environmental Protection Agency (SEC) is preparing to vote on the proposed draft law to change the law and make changes to the countrys carbon reporting system - including Climate Disclosure Standards (CQS), and is set to get the right to take action to stop the impact on fossil fuels and energy supply chains of private companies being allowed to report the environment and the future of its sustainability laws? What does it mean for those who sell to public businesses without the need to know where they are involved? Should it go into effect within 2026, it has been revealed by the Senate, but it will be unlikely that it can be adopted in 2023? How will it take place? And what would be it? A debate is under way across the global economy?
Source: forbes.comPublished on 2024-02-21
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