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The U.S. SEC recently adopted a new climate disclosure policy which will require companies to report greenhouse gas emissions. Will this force companies to curb their footprints?
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The U.S. SEC recently adopted a new climate disclosure policy which will require companies to report greenhouse gas emissions. Will this force companies to curb their footprints?
About EarthxNews:
A weekly program dedicated to covering the stories that shape the planet. Featuring the latest updates in energy, environment, tech, climate, and more.
EarthX
Love Our Planet.
The Official Network of Earth Day.
About Us:
At EarthX, we believe our planet is a pretty special place. The people, landscapes, and critters are likely unique to the entire universe, so we consider ourselves lucky to be here. We are committed to protecting the environment by inspiring conservation and sustainability, and our programming along with our range of expert hosts support this mission. We’re glad you’re with us.
EarthX is a media company dedicated to inspiring people to care about the planet. We take an omni channel approach to reach audiences of every age through its robust 24/7 linear channel distributed across cable and FAST outlets, along with dynamic, solution oriented short form content on social and digital platforms. EarthX is home to original series, documentaries and snackable content that offer sustainable solutions to environmental challenges. EarthX is the only network that delivers entertaining and inspiring topics that impact and inspire our lives on climate and sustainability.
EarthX Website: https://earthxmedia.com/
Follow Us:
Instagram: https://www.instagram.com/earthxtv/
LinkedIn: https://www.linkedin.com/company/earthxtv
Facebook: https://www.facebook.com/earthxtv
How to watch:
United States:
- Spectrum
- AT&T U-verse (1267)
- DIRECTV (267)
- Philo
- FuboTV
- Plex
- Fire TV
#EarthDay #Environment #Sustainability #Eco-friendly #Conservation #EarthxTV #EarthX
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NewsTranscript
00:00Wall Street's top regulatory body adopts a new climate disclosure policy.
00:07The Securities and Exchange Commission set new rules saying large public companies will
00:11not have to report their emissions generated by customers and suppliers.
00:16However, despite the SEC dropping the requirements, the new rule will force firms to spill the
00:22beans on their direct emissions and the emissions linked to their energy purchases.
00:28Companies will also need to start divulging their financial exposure to climate risks,
00:32such as severe weather events like hurricanes and wildfires, by next year.
00:37And they will have until 2026 to begin disclosing their emissions.
00:41Smaller firms which make up most of U.S. companies will be exempt from reporting their greenhouse
00:46gas emissions.
00:47Even with the scaled-down rule, many business groups say the SEC is overstepping its authority.
00:53Climate activists are also disappointed because data suggests customers and suppliers can
00:58account for up to 75 percent of a company's overall emissions.