Rescission of Climate-Related Disclosure Rules
Key claim: The SEC proposes to rescind its 2024 rules requiring registrants to disclose climate-related information in registration statements and annual reports.
Abstract
(Proposed Rule · Securities and Exchange Commission) The Securities and Exchange Commission (“Commission”) proposes to rescind amendments to its rules under the Securities Act of 1933 (“Securities Act”) and Securities Exchange Act of 1934 (“Exchange Act”) that require registrants to provide certain climate- related information in their registration statements and annual reports.
Why this matters
Rescinding the 2024 climate disclosure rules would remove the SEC’s first standardized federal framework for corporate climate risk and GHG reporting, shifting investor-facing disclosure back to a patchwork of voluntary frameworks and state regimes (notably California’s SB 253/261). The reversal is a signature example of the broader retrenchment on federal climate policy and interacts with parallel rollbacks of emissions fees and reporting requirements across EPA and DOE.