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SEC’s Landmark Climate Disclosure Rule: Shaping the Future of Corporate Transparency and Sustainability
The SEC’s climate disclosure rule is a critical advancement in aligning corporate reporting with the realities of climate change. It aims to foster a more informed and proactive approach to managing climate risks in the corporate sector, potentially contributing to a more sustainable and resilient economy. However, its effectiveness will depend on the collective response of regulators, companies, investors, and other stakeholders amid ongoing legal, political, and practical challenges.