The U.S. Securities and Exchange Commission’s proposed rule to require public companies to disclose greenhouse gas emissions generated in their supply chain is in jeopardy of being modified or removed, securities attorneys said this past week.
Regulated companies have criticized the supply chain provision—dubbed ”Scope Three” of the SEC’s proposed climate disclosure rule—saying it would be burdensome and expensive for them to discover and disclose the emissions activities throughout their supply chains, which often include private companies
