Management teams unprepared for SEC’s upcoming ESG rule

Management teams feel unprepared for the upcoming SEC rule on climate-related disclosures, according to a new survey by ICR.

Nearly eight in 10 management teams (78 percent) express concerns about reporting ESG-related risks and strategies because of the forthcoming SEC ruling on climate disclosures.

If approved, the new rule would require companies to disclose information about their governance of climate-related risks and how these have had, or are likely to have, a material impact on their business.

While the industry still waits to understand the final scope of the rule and its approval, ESG disclosures remain a . . .

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