Climate disclosure

Recent developments in ESG, from the EU’s CSRD and the SEC’s climate-disclosure regulations cancellation to Canada’s natural gas investment.

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

Under the new proposals, the rigid requirements introduced in 2021 to publish product-level disclosures aligned with the TCFD will be axed.

The FCA says its approach to what listed companies will be expected to report in the future is pragmatic and proportionate.

The FCA has outlined its next steps, which focus on enhancing and simplifying the sustainability reporting framework.

Regulator says definitive statement would prejudice future policy.

Takeaways for reporting companies from the California Air Resources Board’s May 29 public workshop.

The only certainty is that 2025 will be another evolving – and challenging – year for ESG compliance.