🌍The SEC has approved new climate rules for public traded companies.
💼These rules require companies to disclose the risks of climate change to investors.
💧The rules aim to ensure transparent disclosures and protect investors.
📈The rules are grounded in the concept of materiality, where companies disclose information that a reasonable investor would consider.
⏰The rules have been in development for two years and have been approved with some modifications.
What are the new climate rules approved by the SEC?
—The new climate rules approved by the SEC require public traded companies to disclose the risks of climate change to investors.
Who do the climate rules apply to?
—The climate rules apply to public traded companies.
What is the goal of the climate rules?
—The goal of the climate rules is to ensure transparent disclosures and protect investors from climate-related risks.
What is the concept of materiality?
—The concept of materiality means that companies disclose information that a reasonable investor would consider when making investment decisions.
How long have the climate rules been in development?
—The climate rules have been in development for two years before being approved by the SEC.
00:01A press release has just come out regarding the SEC approving new climate rules for public traded companies.
00:09The rules require companies to disclose the risks of climate change to investors.
01:11The new rules aim to ensure transparent disclosures and protect investors from climate-related risks.
01:32The SEC has a role in overseeing the accounting, disclosures, and controls of public traded companies.
02:55The SEC reviews disclosures made by companies, including those related to climate risks.
03:14The SEC has adopted rules focused on disclosures that investors consider important in making investment decisions.
03:34The new climate rules apply to the risks that companies may face from the effects of climate change and the risks companies pose in doing business to the climate.
04:00The rules are grounded in the concept of materiality, where companies disclose information that a reasonable investor would consider.
