The U.S. Securities and Exchange Commission (SEC) has delayed the implementation of its recently introduced climate disclosure rules, as it awaits a court review of the new rules following a series of legal challenges by several U.S. states and business groups. These rules would mandate that companies report on climate-related risks and greenhouse gas (GHG) emissions. The SEC's decision comes amid legal challenges to the rules, with opponents arguing they place an undue burden on businesses. Conversely, a coalition of Democratic Attorneys General are defending the rules, emphasizing their importance in providing valuable information to investors.

Source: ESG Today