The SEC recently adopted rules under the Securities Act and Securities Exchange Act that will make it mandatory for domestic and foreign registrants to include specific climate-related data in their annual reports and registration statements. The final rules will require information about a registrant’s climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition.
To help understand the new rules, the SEC has provided a free video regarding, which may now be viewed on YouTube. The SEC also strongly suggests that parties review the fact sheet and the final rule for further information.
Check back here at the blog at novaworks.com for more updates about these new rules and their structured data requirements. As always, we’ll have the tools you need when you need them in GoFiler.
Source:
Climate-Related Disclosures and The Securities and Exchange Commission (sec.gov)
