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Americas

SEC Faces Backlash over Scope 3 Removal

Experts have welcomed the release of the much-awaited US climate disclosure requirements, but criticise divergence from other reporting regimes.

The decision from the US Securities and Exchange Commission (SEC) to drop Scope 3 emissions from its much-awaited climate disclosure rules will create uncertainty around climate risks posed by US companies, industry pundits have warned. In a landmark decision yesterday, three of the five SEC commissioners voted in favour of…

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