Frameworks like ESRS are reshaping corporate accountability by turning climate risk into measurable, reportable business data.

#ESRS #ClimateDisclosure #data #wdanielcoxiii #sustainability #CorporateGovernance #RiskManagement

"Corporate Budgets Hold $1.3 Trillion of Untapped Climate Capital

A Dutch nonprofit analyzed about 1,600 companies worldwide and found the median share of spending currently devoted to low-carbon projects is just 7%.

Raising that figure to 30% would free up vast new pools of capital, WBA said."

https://www.bloomberg.com/news/articles/2026-01-13/corporate-budgets-hold-1-3-trillion-of-untapped-climate-capital

#ClimateDisclosure

Korea Asset Pricing and Rivet sign MOU to develop accurate financial emission calculation services, aiming to support financial institutions in climate disclosure and carbon reduction strategies
#YonhapInfomax #KoreaAssetPricing #Rivet #CarbonFinance #FinancialEmissions #ClimateDisclosure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60845
Korea Asset Pricing Partners with Rivet for Carbon Finance Initiative

Korea Asset Pricing and Rivet sign MOU to develop accurate financial emission calculation services, aiming to support financial institutions in climate disclosure and carbon reduction strategies

Yonhap Infomax

"Wall Street's top regulator said on Thursday it had voted to cease legal efforts to defend regulations that require companies to disclose #climate-related emissions, risks and spending, and had been hotly contested by industrial lobby groups.

The decision by the Republican-dominated U.S. Securities and Exchange Commission had been widely expected following public remarks last month by its acting chairman, Mark Uyeda."

https://www.reuters.com/business/environment/us-sec-votes-stop-defending-climate-disclosure-rules-2025-03-27/
#SEC #ClimateDisclosure

https://thehill.com/policy/energy-environment/5138697-sec-rejects-climate-disclosure-rule/

#SEC announces it will not defend #climatedisclosure rule

The Securities and Exchange Commission (SEC) announced Tuesday that it will not defend a year-old rule, rule, finalized in March 2024, which required #emissionsdisclosures in cases when that info might affect an investment decision, requiring publicly held companies to disclose #climaterisks and in some cases the details of their emissions.

"The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial rule requiring thousands of public companies to disclose the threats their businesses face from risks related to the climate and environment."

https://www.reuters.com/world/us/us-market-watchdog-aims-pause-lawsuit-over-climate-disclosures-2025-02-11/
#SEC #ClimateDisclosure

"The law requires companies to publish an annual "climate statement" that outlines any material #ClimateRisks they may face, and their scope one, two and three greenhouse gas emissions.

Information about any of the company's strategies, governance or risk management plans pertaining to those risks and emissions must also be disclosed."

https://www.abc.net.au/news/2025-01-02/mandatory-climate-reporting-rules-begin/104718398
#Australia #ClimateDisclosure

Mandatory climate reporting begins this year, marking generational change for corporate Australia

Reporting profits and losses is standard fare in corporate Australia, but from this week companies will be required to disclose the risks and opportunities they will face under a warming climate.

ABC News

https://news.bloomberglaw.com/securities-law/secs-ambitious-agenda-snagged-as-supreme-court-limits-powers

high court’s 6-3 decision gives #SEC critics another weapon to fight any moves to regulate new areas and emerging issues, inviting increased scrutiny over the connection between securities statutes and the agency’s actions.

…expanding the definition of who qualifies as a #securities dealer, testing a novel insider trading theory, regulating #crypto as a security, and…the agency adopted landmark #climatedisclosure rules that quickly drew lawsuits.

SEC’s Ambitious Agenda Snagged as Supreme Court Limits Powers

The US Securities and Exchange Commission’s push to extend its regulatory reach clashes with the Supreme Court’s decision to eliminate its standard for when courts should accept an agency’s claim of authority.

"Republican-led states, energy industry companies and business groups say the rules amount to environmental regulation and therefore overstep the #SEC's legal mandate.
On the other side, environmental groups including the Sierra Club and Natural Resources Defense Council have said the rules do not go far enough. A more stringent initial draft was diluted."

#ClimateDisclosure
https://www.reuters.com/legal/us-sec-stays-climate-disclosure-rule-amid-legal-challenges-2024-04-04/

mid political criticism, the US Securities and Exchange Commission (SEC) has postponed implementing new climate-related disclosure requirements, citing pending judicial review.🇺🇸🏛
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#SEC #ClimateDisclosure #regulation
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Read more: https://sustainabilityeconomicsnews.com/policy-regulation/sec-halts-climate-disclosure-for-review/
US SEC pauses climate disclosure mandates for pending judicial review

SEC delays new climate disclosure rules due to legal review amid political backlash, pending judicial scrutiny.

Sustainability Economics News