Climate change

The commission unveiled an eagerly awaited proposed rule on climate risk disclosures that public companies would need to start including in their registration statements and periodic reports.

Companies will need to reveal detailed information about their greenhouse gas pollution under a new U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.

A new survey from Deloitte found that senior finance professionals are anticipating new disclosures, but remain uncertain on how to do so consistently and accurately.

While the Biden administration’s Build Back Better Act remains stalled in the Senate, lawmakers may be able to advance some parts of the legislation, including tax credits for electric vehicles, solar panels and home energy efficiency that have wide appeal to voters.

The foundation is moving closer to establishing an International Sustainability Standards Board.

The Institute of Management Accountants released a guide to the steps that businesses can take to cut carbon and other greenhouse gas emissions in their operations under the leadership of accountants.

The Value Reporting Foundation released a guide to the SASB standards with industry-specific guidance on how boards of directors can use SASB standards.

Eelco van der Enden is planning to work with the nascent board, while maintaining GRI’s independence.

As companies rush to set climate goals, some aren’t even getting the basics quite right when it comes to accounting for greenhouse-gas emissions.

Kate Barton of EY, discusses tax-related trends highlighted by the recent COP 26 gathering.