SEC climate rule prompts a rush to sue. Experts say companies are likely to prepare to comply anyway
by Suman Naishadham
Mar 20, 2024
3 minutes
The U.S. Securities and Exchange Commission's new rule requiring companies to disclose some emissions and climate-related information was barely passed before the agency was being hauled to court.
The rule adopted in early March was watered down from what the nation's top financial regulator had proposed two years ago, thanks to intense lobbying and talk of litigation from business and trade groups and some conservative lawmakers.
But weakening the rule didn't stave off lawsuits, and what's expected to be a lengthy legal
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