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SEC proposes to rescind its climate disclosure rules; long live climate disclosure?

An American flag flies above the remains of a home which burned in the Palisades Fire on January 28, 2025 in Pacific Palisades, California.
Photo: Mario Tama/Getty Images

Michael R. Littenberg | Ropes & Gray, Marc Rotter | Ropes & Gray, Peter Witschi | Ropes & Gray+1

6 min read
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This articles discusses the rescission proposal and what it means for climate disclosure by US public companies.

The SEC has formally proposed the repeal of its 2024 climate disclosure rules. These climate disclosure rules were adopted by the then-Democratic-led Commission in March 2024, in a 3-2 vote split along party lines.

In the days following their adoption, challenges to the rules were brought in several federal appellate courts. The

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