Preparing Now for the SEC’s New Climate Rules

Westlaw Today

Raquel Fox Marc S. Gerber Caroline S. Kim Jeongu Gim

The SEC’s climate disclosure rules are on hold pending court challenges, but companies still need to be ready should some or all the new rules ultimately take effect, or in case similar requirements are imposed by state or foreign laws. Partners Raquel Fox and Marc Gerber, counsel Caroline Kim and associate Jeongu Gim discuss how companies can prepare, including by:

  • Determining which board committee(s) will be responsible for overseeing particular types of risks.
  • Identifying and assessing climate-related risks.
  • Considering whether their disclosure committee has relevant expertise.
  • Assessing progress toward any climate-related targets/goals and ensuring that their process for measuring progress is appropriate.