What is SEC’s Climate Disclosure Rule?
The Securities and Exchange Commission (SEC) has put forth a rule proposal aimed at standardizing the way in which companies disclose information about their approach to climate-related matters. Under this proposal, publicly traded companies in the United States would be obligated to annually disclose details regarding their assessment, measurement, and management of risks associated with climate change. This disclosure would encompass information on greenhouse gas emissions as an indicator of the company's susceptibility to climate-related risks.

But exactly who falls under the SEC Climate Disclosure umbrella and when it will be applicable?